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CBI comments on new code of conduct for PFI/PPP contracts

The CBI responded to the Government launch of a new code of conduct for operational Public Finance Initiatives (PFI) and Public-Private Partnerships (PPPs).

Jim Bligh, CBI Head of Public Services Reform, said:

“Investment in the UK’s infrastructure and public services is essential to growth. This new Code will support more constructive relationships between commissioners, financiers and service providers and should boost market confidence.

“We would encourage all businesses working with the government through such partnerships to sign up.

“By working jointly to find further savings, improve contract flexibility and streamline project management, government and providers will be better placed to deliver value for money, effective services and a reasonable rate of return for investors.”