Details 11 buyouts, 20 terminations and 43 projects with major problems, plus many bailouts, accounting for 28% of PFI/PPP contracts by capital value.
- Table 11 Buyouts – pages 30-31
- Table 12 Terminations – pages 32-35
- Table 13 Major problem contracts – pages 36-47
The public cost of buyouts, bailouts, terminations and major problem contracts is £27,902m, when combined with the additional cost of private finance, interest rate swaps and higher PFI transaction costs. This ESSU Research Report explains the causes and fundamental flaws in the PFI/PPP model.