UpLIFTIng PFI : does LIFT improve public-private procurement?

Fitzsimmons, Deborah; Beck, Matthias; Toms, S; Brown, Sally; Mannion, Russell; Lunt, Neil

Abstract

The Private Finance Initiative (PFI) and Local Improvement Finance Trust (LIFT) were both introduced by the UK government as part of a drive to improve public service provision. Both PFI and LIFT focus on leveraging the key strengths of the public and private sectors when developing new facilities. This paper does not seek to question the need for new infrastructure, but rather discusses the difficulties encountered when trying to analyse LIFT as a system and when evaluating whether it can address earlier concerns about the PFI procurement process. Our analysis suggests that it is difficult to predict whether LIFT will be capable of delivering on its promise of providing cost-effective, bespoke Primary Care facilities.

Citation

Fitzsimmons, D., Beck, M., Toms, S., Brown, S., Mannion, R., & Lunt, N. (2008). UpLIFTIng PFI : does LIFT improve public-private procurement?. Systemist / United Kingdom Systems Society, 30, 117-135

• Journal Article Type: Article
• Publication Date: 2008
• Deposit Date: May 3, 2016
• Print ISSN: 0961-8309
• Peer Reviewed: Peer Reviewed
• Volume: 30
• Pages: 117-135
• Keywords: PFI; LIFT; public private partnerships; finance
• Public URL: http://researchrepository.napier.ac.uk/id/eprint/9962