The effect of PFI commitments on local authority finances

Cuthbert, Margaret and Cuthbert, Jim (2011) The effect of PFI commitments on local authority finances. Fraser of Allander Economic Commentary, 34 (3). pp. 53-62. ISSN 2046-5378

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Abstract

This article looks at the question of how the unitary charge payments of PFI contracts are indexed to allow for inflation over the 25 to 30 year life of the contract. This follows a number of articles and reports in which we have considered other aspects of PFI.