The private finance initiative

Owen, G and Merna, A (1997) The private finance initiative. Engineering, Construction and Architectural Management, 4(3), pp. 163-177. ISSN 0969-9988

Abstract

This paper outlines the concept of the Private Finance Initiative. It covers some of the basic PFI mechanisms and provides the reader with a general understanding of PFI and the purpose it serves. The paper will look at how the policy has been received specifically within the construction industry and the problems highlighted to date.

Item Type: Article
Uncontrolled Keywords: bidding; financial structure; health care; prison
Index terms: private finance initiative, bidding, prison, health care, construction industry
Subjects: public and environmental health, industry analysis, administrative law, contractual arrangements, bidding
Topics: Legal Issues, Procurement, Health and Safety, Research Practice
Descriptive scope: 3 PCT

N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here