Councils 'underwrite' PFI projects
Councils are being asked to underwrite Private Finance Initative (PFI) schemes and give “open-ended guarantees” on schools projects typically worth tens of millions of pounds, according to finance officers.
Subscriber only content
You must be a paid subscriber to LGC to read this article and receive complete, unrestricted access to lgcplus.com
LGC Subscribers:
If you are a Local Government Chronicle subscriber please sign in with your email address and click submit:
Internet Explorer users - please use the "Sign in" link near the top right of the page to ensure you are automatically remembered when returning to the site
Not a Local Government Chronicle subscriber?
Choose one of these options:
Subscribe today for immediate access to lgcplus.com and LGC magazine at a special introductory rate
Find out more about all the benefits of a subscription to LGC by clicking below
