Managing complex capital investment programmes utilising private finance

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MARCH 2010





From Private Finance Units to Commercial Champions:

Managing complex capital investment programmes utilising private finance

A current best practice model for Departments

The National Audit Office scrutinises public spending on behalf of Parliament. The Comptroller and Auditor General, Amyas Morse, is an Officer of the House of Commons. He is the head of the National Audit Office which employs some 900 staff. He and the National Audit Office are totally independent of Government. He certifies the accounts of all Government departments and a wide range of other public sector bodies; and he has statutory authority to report to Parliament on the economy, efficiency and effectiveness with which departments and other bodies have used their resources. Our work leads to savings and other efficiency gains worth many millions of pounds: at least £9 for every £1 spent running the Office.

Infrastructure UK is responsible for developing a new strategic approach across infrastructure sectors. Through engagement with the private and public sectors, Infrastructure UK will bring about a step change in the way we plan, prioritise, finance, and deliver infrastructure in the UK.

Infrastructure UK is a unit within HM Treasury. Paul Sinner is Chair of Infrastructure UK and James Stewart is the Chief Executive.

This review was conducted by
James Snook (Infrastructure UK),
Manuel Llorca and Joshua Reddaway
(NAO
), under the direction of Charles Lloyd (IUK) and David Finlay
(NAO)

For further information about the
National Audit Office please contact:

National Audit Office
Press Office
157-197 Buckingham Palace Road
Victoria
London
SW1W 9SP

Tel: 020 7798 7400
Email: enquiries@nao.gsi.gov.uk

© National Audit Office 2010

For further information about
Infrastructure UK please contact:

Infrastructure UK
1 Horse Guards Road
London SW1A 2HQ

Tel: 020 7270 4558
Email: infrastructureuk@hmtreasury.gsi.gov.uk