Policy paper

Private Finance 2 (PF2)

Private Finance 2 (PF2) is a new approach to public private partnerships.

From:
Infrastructure and Projects Authority and HM Treasury
Published
5 December 2012
Last updated
28 November 2018 — See all updates

This publication was withdrawn on

The government has announced that it will no longer use PF2, the current model of Private Finance Initiative (PFI) for new government projects. Existing PFI and PF2 contracts will not end because of this announcement.

Documents

A new approach to public private partnerships

PDF, 961 KB, 105 pages

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PF2: A user guide

PDF, 390 KB, 25 pages

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Standardisation of PF2 contracts

PDF, 2.84 MB, 400 pages

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Technical update: 2010

PDF, 428 KB, 26 pages

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Details

Private Finance 2 (PF2) is a new approach to public private partnerships, and follows the reform of the Private Finance Initiative (PFI). PF2 reaffirms the government’s commitment to private sector involvement in infrastructure and services, while recognising recent changes to the economic context.

View more documents about PFI at the National Archives.

Updates to this page

Published 5 December 2012
Last updated 28 November 2018 + show all updates

  1. 'Change Protocol Principles' document moved to 'PFI/PPP procurement and contract management guidance' page.

  2. added historical supporting docs: Change Protocol Principles Technical update 2010

  3. First published.

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