{"id":13658,"date":"2019-05-05T11:06:26","date_gmt":"2019-05-05T11:06:26","guid":{"rendered":"https:\/\/examchum.uk\/?p=13658"},"modified":"2019-05-05T11:13:47","modified_gmt":"2019-05-05T11:13:47","slug":"private-finance-initiative-pfi","status":"publish","type":"post","link":"https:\/\/examchum.uk\/landscape-architecture\/private-finance-initiative-pfi\/","title":{"rendered":"What is the Private Finance Initiative (PFI)?"},"content":{"rendered":"<p>[vc_row][vc_column][vc_column_text]The <strong>Private Finance Initiative (PFI)<\/strong> is a way of funding public projects with a private financer on board. It is a form of Public-Private Partnership (PPP). In a PFI built asset, the public does not own the asset straight after completion. \u00a0The financer maintains ownership of the building for the number of years agreed in the contract, during which period the <a href=\"https:\/\/examchum.uk\/landscape-architecture\/local-planning-authority\/\">Local Planning Authority<\/a> makes an annual payment to the private company who provides the building and associated services, rather like a mortgage.<\/p>\n<p>A typical PFI project will be owned by a company set up specially to run the scheme. These companies are usually a <a href=\"https:\/\/examchum.uk\/landscape-architecture\/what-is-a-consortium\/\">Consortium<\/a> including a building firm, a bank and a facilities management company. Whilst PFI projects can be structured in different ways, there are usually four key elements: Design, Finance, Build and Operate.<\/p>\n<p>Examples of projects funded and built using this model include schools and hospitals. PFIs are not very popular anymore.[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]<\/p>\n<h5>READ MORE<\/h5>\n<ul>\n<li>\n<p id=\"firstHeading\" class=\"firstHeading\" lang=\"en\"><a href=\"https:\/\/en.wikipedia.org\/wiki\/Private_finance_initiative\" target=\"_blank\" rel=\"noopener\">Private finance initiative (Wikipedia)<\/a><\/p>\n<\/li>\n<\/ul>\n<p>[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Private Finance Initiative (PFI) is a way of funding public projects with a private financer on board. It is a form of Public-Private Partnership (PPP).<\/p>\n","protected":false},"author":1,"featured_media":11076,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[153,20],"tags":[423,775,776,774,115,439,488],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is the Private Finance Initiative (PFI)? - ExamChum<\/title>\n<meta name=\"description\" content=\"The Private Finance Initiative (PFI) is a way of funding public projects with a private financer on board. It is a form of Public-Private Partnership (PPP).\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/examchum.uk\/landscape-architecture\/private-finance-initiative-pfi\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is the Private Finance Initiative (PFI)? - ExamChum\" \/>\n<meta property=\"og:description\" content=\"The Private Finance Initiative (PFI) is a way of funding public projects with a private financer on board. It is a form of Public-Private Partnership (PPP).\" \/>\n<meta property=\"og:url\" content=\"https:\/\/examchum.uk\/landscape-architecture\/private-finance-initiative-pfi\/\" \/>\n<meta property=\"og:site_name\" content=\"ExamChum\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ExamChum\/\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-05T11:06:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-05-05T11:13:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/examchum.uk\/wp-content\/uploads\/2018\/04\/4B2.png\" \/>\n\t<meta property=\"og:image:width\" content=\"200\" \/>\n\t<meta property=\"og:image:height\" content=\"200\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Jefe\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ExamChum\" \/>\n<meta name=\"twitter:site\" content=\"@ExamChum\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jefe\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/examchum.uk\/landscape-architecture\/private-finance-initiative-pfi\/\",\"url\":\"https:\/\/examchum.uk\/landscape-architecture\/private-finance-initiative-pfi\/\",\"name\":\"What is the Private Finance Initiative (PFI)? - ExamChum\",\"isPartOf\":{\"@id\":\"https:\/\/examchum.uk\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/examchum.uk\/landscape-architecture\/private-finance-initiative-pfi\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/examchum.uk\/landscape-architecture\/private-finance-initiative-pfi\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/examchum.uk\/wp-content\/uploads\/2018\/04\/4B2.png\",\"datePublished\":\"2019-05-05T11:06:26+00:00\",\"dateModified\":\"2019-05-05T11:13:47+00:00\",\"author\":{\"@id\":\"https:\/\/examchum.uk\/#\/schema\/person\/a96e3c5900e4be530668a65da478b71c\"},\"description\":\"The Private Finance Initiative (PFI) is a way of funding public projects with a private financer on board. It is a form of Public-Private Partnership (PPP).\",\"breadcrumb\":{\"@id\":\"https:\/\/examchum.uk\/landscape-architecture\/private-finance-initiative-pfi\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/examchum.uk\/landscape-architecture\/private-finance-initiative-pfi\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/examchum.uk\/landscape-architecture\/private-finance-initiative-pfi\/#primaryimage\",\"url\":\"https:\/\/examchum.uk\/wp-content\/uploads\/2018\/04\/4B2.png\",\"contentUrl\":\"https:\/\/examchum.uk\/wp-content\/uploads\/2018\/04\/4B2.png\",\"width\":200,\"height\":200,\"caption\":\"4B2 image\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/examchum.uk\/landscape-architecture\/private-finance-initiative-pfi\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/examchum.uk\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Section 4\",\"item\":\"https:\/\/examchum.uk\/landscape-architecture\/category\/section-4-contracts-and-implementation\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"What is the Private Finance Initiative (PFI)?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/examchum.uk\/#website\",\"url\":\"https:\/\/examchum.uk\/\",\"name\":\"ExamChum\",\"description\":\"Pathway to Chartership (P2C) exam questions and answers bank - P2C online course\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/examchum.uk\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/examchum.uk\/#\/schema\/person\/a96e3c5900e4be530668a65da478b71c\",\"name\":\"Jefe\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/examchum.uk\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/8996ddabcdf46692faed1ab39bfa70bc?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/8996ddabcdf46692faed1ab39bfa70bc?s=96&d=mm&r=g\",\"caption\":\"Jefe\"},\"sameAs\":[\"https:\/\/examchum.uk\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"What is the Private Finance Initiative (PFI)? - ExamChum","description":"The Private Finance Initiative (PFI) is a way of funding public projects with a private financer on board. It is a form of Public-Private Partnership (PPP).","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/examchum.uk\/landscape-architecture\/private-finance-initiative-pfi\/","og_locale":"en_GB","og_type":"article","og_title":"What is the Private Finance Initiative (PFI)? - ExamChum","og_description":"The Private Finance Initiative (PFI) is a way of funding public projects with a private financer on board. It is a form of Public-Private Partnership (PPP).","og_url":"https:\/\/examchum.uk\/landscape-architecture\/private-finance-initiative-pfi\/","og_site_name":"ExamChum","article_publisher":"https:\/\/www.facebook.com\/ExamChum\/","article_published_time":"2019-05-05T11:06:26+00:00","article_modified_time":"2019-05-05T11:13:47+00:00","og_image":[{"width":200,"height":200,"url":"https:\/\/examchum.uk\/wp-content\/uploads\/2018\/04\/4B2.png","type":"image\/png"}],"author":"Jefe","twitter_card":"summary_large_image","twitter_creator":"@ExamChum","twitter_site":"@ExamChum","twitter_misc":{"Written by":"Jefe","Estimated reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/examchum.uk\/landscape-architecture\/private-finance-initiative-pfi\/","url":"https:\/\/examchum.uk\/landscape-architecture\/private-finance-initiative-pfi\/","name":"What is the Private Finance Initiative (PFI)? - ExamChum","isPartOf":{"@id":"https:\/\/examchum.uk\/#website"},"primaryImageOfPage":{"@id":"https:\/\/examchum.uk\/landscape-architecture\/private-finance-initiative-pfi\/#primaryimage"},"image":{"@id":"https:\/\/examchum.uk\/landscape-architecture\/private-finance-initiative-pfi\/#primaryimage"},"thumbnailUrl":"https:\/\/examchum.uk\/wp-content\/uploads\/2018\/04\/4B2.png","datePublished":"2019-05-05T11:06:26+00:00","dateModified":"2019-05-05T11:13:47+00:00","author":{"@id":"https:\/\/examchum.uk\/#\/schema\/person\/a96e3c5900e4be530668a65da478b71c"},"description":"The Private Finance Initiative (PFI) is a way of funding public projects with a private financer on board. It is a form of Public-Private Partnership (PPP).","breadcrumb":{"@id":"https:\/\/examchum.uk\/landscape-architecture\/private-finance-initiative-pfi\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/examchum.uk\/landscape-architecture\/private-finance-initiative-pfi\/"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/examchum.uk\/landscape-architecture\/private-finance-initiative-pfi\/#primaryimage","url":"https:\/\/examchum.uk\/wp-content\/uploads\/2018\/04\/4B2.png","contentUrl":"https:\/\/examchum.uk\/wp-content\/uploads\/2018\/04\/4B2.png","width":200,"height":200,"caption":"4B2 image"},{"@type":"BreadcrumbList","@id":"https:\/\/examchum.uk\/landscape-architecture\/private-finance-initiative-pfi\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/examchum.uk\/"},{"@type":"ListItem","position":2,"name":"Section 4","item":"https:\/\/examchum.uk\/landscape-architecture\/category\/section-4-contracts-and-implementation\/"},{"@type":"ListItem","position":3,"name":"What is the Private Finance Initiative (PFI)?"}]},{"@type":"WebSite","@id":"https:\/\/examchum.uk\/#website","url":"https:\/\/examchum.uk\/","name":"ExamChum","description":"Pathway to Chartership (P2C) exam questions and answers bank - P2C online course","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/examchum.uk\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/examchum.uk\/#\/schema\/person\/a96e3c5900e4be530668a65da478b71c","name":"Jefe","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/examchum.uk\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/8996ddabcdf46692faed1ab39bfa70bc?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/8996ddabcdf46692faed1ab39bfa70bc?s=96&d=mm&r=g","caption":"Jefe"},"sameAs":["https:\/\/examchum.uk"]}]}},"_links":{"self":[{"href":"https:\/\/examchum.uk\/wp-json\/wp\/v2\/posts\/13658"}],"collection":[{"href":"https:\/\/examchum.uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/examchum.uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/examchum.uk\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/examchum.uk\/wp-json\/wp\/v2\/comments?post=13658"}],"version-history":[{"count":0,"href":"https:\/\/examchum.uk\/wp-json\/wp\/v2\/posts\/13658\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/examchum.uk\/wp-json\/wp\/v2\/media\/11076"}],"wp:attachment":[{"href":"https:\/\/examchum.uk\/wp-json\/wp\/v2\/media?parent=13658"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/examchum.uk\/wp-json\/wp\/v2\/categories?post=13658"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/examchum.uk\/wp-json\/wp\/v2\/tags?post=13658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}