Alan Dransfield's Blog

Alan Dransfield's Blog

Freedom of Information and Health and Safety

This blog is aimed at shaming those who ignore health and safety and those who abuse the Freedom of Information Act out of laziness, corruption or to cover up incompetence.

Who foots the bill if a PFI contractor goes bankrupt?

PFI SchoolsPosted by Sheila Oliver Sat, December 27, 2014 17:17:31

Email sent - 27 October 2014 07:22

Dear Mr Bradshaw

Can you please explain to me what happens to the debt in the event a PFI contractor goes bankrupt?

Let me give you a couple of clear examples.

1. Carrilion

As you are aware, Carrilion are the PFI Contractors for Exeter 6 PFI schools.

2. Balfour Beatty Group who hold multi BILLION Pounds PFI Contractors nationwide.

Are these PFI contracts adequately ring-fenced in the event of bankruptcy?

Could this be why PFI figures are purposely omitted from the National Debt.

I suppose the taxpayer will pick up the bill for any PFI bankruptcies.

Look forward to your response.

With thanks

Alan M Dransfield

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