Funding council boosts PFI sales pitch

May 8, 1998

The Higher Education Funding Council for England has announced new arrangements for assessing Private Finance Initiative projects that could make them more attractive to potential private sector bidders. HEFCE will now offer a "sign-off" facility to all PFI projects submitted to it including those under its Pathfinder initiative. Under this arrangement projects must show they are commercially viable and affordable before institutions advertise for bids from the private sector. HEFCE says the private sector will take "considerable comfort" from this and such projects should find it easier to attract serious private bidders.

You've reached your article limit

Register to continue

Registration is free and only takes a moment. Once registered you can read a total of 6 articles each month, plus:

  • Sign up for the editor's highlights
  • Receive World University Rankings news first
  • Get job alerts, shortlist jobs and save job searches
  • Participate in reader discussions and post comments
Register

Have your say

Log in or register to post comments

Featured Jobs

Lecturer in Business and Management DE MONTFORT UNIVERSITY
Director of the Roslin Institute THE UNIVERSITY OF EDINBURGH
Lecturer in Economics DE MONTFORT UNIVERSITY
International Director UNIVERSITY OF PORTSMOUTH

Most Commented

James Fryer illustration (8 September 2016)

Some lecturers will rightly encourage forms of student interaction that are impossible for those covering their faces, Eric Heinze argues

Handwritten essay on table

Universities must pay more attention to the difficulties faced by students, says Daniel Dennehy

University of Oxford students walking on campus

University of Oxford snatches top spot from Caltech in this year’s World University Rankings as Asia’s rise continues

Theresa May entering 10 Downing Street, London

The prospect of new grammar schools on the horizon raises big questions for HE, writes Nick Hillman

Nosey man outside window

Head of UK admissions service Mary Curnock Cook addresses concerns that universities might ‘not hear a word’ from applicants