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Estimates show scale of PFI value.UK
http://www.iwcp.co.uk/news/news/estimates-show-scale-of-pfi-...
Submitted by
anxora
4 months, 3 weeks, 1 day, 1 hour agoCLOSE to £140 million will be paid out by Islanders over the 25 years of the Private Finance Initiative (PFI) to rebuild roads.
The Isle of Wight Council estimates the PFI could be worth £860 million in total investment.
This would be made up of £325 million in government credits, the £140 million in the Isle of Wight Council highways maintenance budget over 25 years (currently estimated at £5.5m annually) plus increased value of the money.
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