Private Finance Initiative — (PFI) An initiative introduced by the government in 1992 to encourage private sector businesses to tender to local and central government authorities for the provision of public infrastructure and services. Under PFI, the authority typically will … Law dictionary
private finance initiative — (PFI) An initiative introduced by the government in 1992 to encourage private sector businesses to tender to local and central government authorities for the provision of public infrastructure and services. Under PFI, the authority typically will … Law dictionary
PFI — Private Finance Initiative (PFI) An initiative introduced by the government in 1992 to encourage private sector businesses to tender to local and central government authorities for the provision of public infrastructure and services. Under PFI,… … Law dictionary
project company — (aka ProjectCo) the SPV company, established by the preferred bidder, to enter into the project agreement with the awarding authority. Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com … Law dictionary