Councils lack PFI management skills

By Hiba Mahamadi | 18 January 2018

Local authorities lack the skills necessary to manage Private Finance Initiative (PFI) contracts and risk not getting the best value for money, new research has warned.

A report by the Institute for Government (IfG) said that while councils are able to establish contracts they do not have the same expertise to deal with contractors and investors which means they risked making decisions without understanding their implications.

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