§ Mr. ColvinTo ask the Chancellor of the Exchequer what representations he has received regarding the private finance initiative. [314]
§ Mr. Jack[holding answer 31 October 1996]I have received many. I warmly welcome opportunities to talk to PFI practitioners in all sectors and to listen to their views on the initiative. As a result, we have made legislative and regulatory changes to facilitate the deal process. We have also published several sets of guidance, including case studies and standard terms of conditions of PFI contracts and we are working with the private sector to provide PFI training for officials. Most recently, we have responded in detail to recommendations put forward by the CBI, with whom we are working in partnership to push the PFI forward.