About PPP/PFI

About PPP/PFI

Key Facts

PPP/PFI

  • PFI launched in November 1992 and revitalised as part of PPP in 1997
  • PPP/PFI investments currently represent circa 10-15% of total annual investment in UK public services
  • As at October 2007, over 621 PPP/PFI projects with a combined value of almost £57 billion have reached financial close.
  • As at October 2007, 621 PFI projects were signed up according to statistics from HM Treasury, including:
    • 93 health projects
    • 115 education projects
    • 51 transport projects
    • 64 in the Treasury, Home Office & Foreign Office
    • 51 in defence
    • 161 across the regions
    • 86 other projects in various sectors

Balfour Beatty in PPP/PFI

  • Over 240 professional staff dedicated to bidding and managing PPP/PFI projects
  • Selected for 27 projects to date
  • £41 million in pre-tax profit in 2007 from PPP/PFI investments.
  • Focus on health, schools and transportation
  • £251 million of committed investment, of which £144 million has been invested at 31 December 2007