7.32 The first confirmed programme to which PF2 will be applied is the £1.75 billion privately financed element of the Priority Schools Building Programme (PSBP). The Treasury and the Department for Education have been working together closely in the development of PF2.
7.33 In addition, the Treasury is working with the Ministry of Defence as they finalise their basing strategy and infrastructure investment plans for a more cost effective estate that meets 'Future Force 2020' requirements, to explore how much of this investment - including construction and maintenance activity - can be delivered through PF2.
7.34 In the health sector the Sandwell and West Birmingham Hospitals NHS Trust project is working with the Department of Health to assess the suitability of PF2 to deliver significant new investment, enabling consolidation of services from multiple sites and reorganisation of activity between hospital and community settings
7.35 While the immediate PF2 pipeline is focused on accommodation projects, an asset class which has been a particular focus of the PFI reforms, the Government wants to ensure that all suitable projects take advantage of the benefits of PF2. Looking forward the Treasury will work with departments to assess which future projects are eligible for PF2.