FINANCE

Councils withhold £32m from PFI providers

Research has found that £32m was withheld from PFI providers over performance issues last year.

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By Martin Ford | 01 November 2018

Research has found that £32m was withheld from Private Finance Initiative (PFI) providers over performance issues last year.

Almost half of the total - £14m - was held back by Birmingham City Council in a long-running dispute over a roads maintenance contract with Amey that led to the two sides going to court.

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Martin Ford

Popular articles by Martin Ford

  1. Ombudsman calls for more powers
  2. Call for courage over failing council finances
  3. Government will 'not hesitate' to intervene in planning
  4. MPs sound alarm on SEND deficits
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