The National Audit Office (drawing on its five previous PFI reports) has reported that all parts of the public sector need to seek better deals in the current economic environment. The Government needs to act as a more intelligent customer in the procurement and management of projects. The report notes that, in the current climate, PFI may not be suitable for as many projects as in the past but that the lessons from PFI can be applied to improve other forms of procurement to help Government achieve its aim of annual infrastructure savings of £2-3 billion.
The new Major Projects Authority is to scrutinise all major projects, (central government funded projects or programmes requiring HM Treasury approval) to help further drive substantial improvement in the success rate of all major projects across government. See: http://www.cabinetoffice.gov.uk/content/major-projectsauthority