'PF2' may have risks but cost less claims Treasury

摘要

Councils face greater financial risk under the Government7 s revised private-finance investment programme - but a plan to reward public bodies with regular project dividends should result in lower costs, the Treasury has claimed. The Government's replacement for the PFI programme -dubbed 'PF2' and unveiled by chancellor George Osborne in the Autumn Statement - will provide public bodies with opportunities to take equity stakes in infrastructure nroiects to over- come the uncertainty of the debt market.