Current projects

Chart 2.A: Size of government's PFI and PF2 portfolio

Note: 'Operational' projects are projects which have completed their construction phase and payment of unitary charge has commenced. 'Current' projects refer to projects which are either operational or in construction.

2.1 The chart above shows the number of projects within the governments PFI and PF2 portfolio and their total capital values. The difference in total number of projects from last year is due to two projects reaching financial close1, one project being added due to a previous technical omission, one project being removed due to being cancelled and eight projects removed due to reaching the end of their contract period. Please see tables below for more information.

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1 Financial close is when financiers take on funding liability and, typically, occurs at the end of the procurement phase and before the start of the construction phase.