Key facts

72

number of private finance initiative (PFI) contracts ending over the next seven years in England (excluding devolved governments)

 

£3.9bn

estimated capital value of PFI assets that will revert to public sector ownership at contract end over the next seven years in England (excluding devolved governments)

 

4 out of 9

surveyed authorities, which took ownership of the PFI assets at expiry, were not satisfied with the asset's condition

 

>4 years

number of years between the start of expiry preparations and contract end for 57% of PFI contracts surveyed (survey respondents)

55%

percentage of survey respondents who recognise they need more knowledge on asset condition

60%

percentage of survey respondents who recognise they will need to recruit external consultants to help with contract expiry

328

number of authorities (signatories of the PFI contract) which are responsible for a PFI contract across the UK, with 182 authorities responsible for one contract only

82%

share of PFI contracts local bodies are responsible for (versus central government) out of all 700+ PFI contracts across the UK

18%

percentage of all 700+ PFI contracts across the UK that are the responsibility of the 10 public authorities with the most PFI

>50%

percentage of all 700+ PFI contracts across the UK that are owned by the 10 largest investors in PFI (by number of contracts)

>33%

percentage of survey respondents who consider that disputes near contract end are likely, with 86% of disputes expected to relate to the quantity of rectification work