Download or read book Managing the Relationship to Secure a Successful Partnership in PFI Projects written by Great Britain. National Audit Office and published by . This book was released on 2001 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Private Finance Initiative (PFI) is a major form of Government procurement for a wide range of public services, including hospitals, prisons, roads, computer systems and government accommodation. There are over 400 PFI contracts currently in force which commit departments to future expenditure of about £100 billion. This report highlights key issues which authorities need to consider when developing and managing relationships with PFI contractors. It is based on a survey of 121 central government PFI projects in progress. The survey was undertaken in 2000 and included the views of authorities and contractors. Key recommendations made include: the importance of a partnership approach between authorities and contractors; authorities should give attention at an early stage in the procurement process to contract management issues; and the need for appropriate procedures for dealing with contract changes.