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PFI鈥檚 progress: Annual breakdown
YearNumber of signed projectsCapital value (拢m)
19871180
198800
198900
19902336
199126
19925518.5
199311.6
1994210.5
199511667.5
1996381559.5
1997602473.7
1998862706.8
1999862407.3
20001083680.4
2001842150.4
2002677698.9
20034714432.1
20047935.4
N/A*19 203.2
Total62639967.7
(*PFI projects completed but not attributed to a particular year, according to government statistics.)
The table above shows that as the UK PFI market matures, projects have become bigger and have increased the capital value of individual contracts.
What鈥檚 the hold-up? CPA鈥檚 report on education and healthcare PFIs
Schools
Target650 rebuilt/remodelled schools to be provided in the period 2001-2004
ProgressTarget missed: About 430 schools completed (260 PFI). Remaining 220 PFI schools in pipeline
CPA鈥檚 comments鈥淭he growing number of school projects being delivered through PFI and a sharp rise in related construction activity are evidence that good progress has been made. However, the new-build target for April 2004 has been missed, although the remaining projects are under way.鈥
Health
Target100 new hospitals by 2010
Progress33 started before 2001. Improved performance during last year. LIFT schemes started in 2001/04 to 31 against target of 46. Major schemes especially vulnerable to delay. Average nine starts per year required over next four years to secure target
Target20 treatment centres to be developed by 2004
ProgressTarget exceeded: 26 NHS treatment centres open
Target500 primary care centres by December 2004
Progress Target at risk: Only 285 primary care centres created by June 2004
Target3000 GP surgeries to be modernised by December 2004
ProgressTarget at risk: Only 2200 modernised by June 2004
CPA鈥檚 comments鈥淭he protracted delays to many of the larger, major hospital schemes are of particular concern.鈥