Communities and Local Government | Public Private Partnerships - Private Finance Initiative
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Local Government Finance
Private Finance Initiative
PFI Grant


PFI grant for all new projects will be calculated as an annuity based on the level of PFI credits and the contract length. A template (in MS Excel) is available which allows authorities to calculate the level of grant they will receive.

Local authorities can apply for the PFI grant once their projects become operational. The following documents provide all the details needed.


Formal guidance

Covers the application process, conditions and how grant is calculated.

2008-09:

2007-08:

2006-07:

2005-06:


Informal guidance

Contains additional explanatory material complementary to the formal guidance above, together with:

  • material on administrative arrangement for, and the calculation of, PFI credits
  • general criteria which PFI projects have to meet, and
  • template standard letters

2008-09:

2007-08:

2006-07:

2005-06:


Claim forms

2008-09:

2007-08:

2006-07:

2005-06:


Audit forms and guidance

2005-06:

No audit forms are required for financial years 2005/06 onwards.


Archive of 2004-05 and 2003-04 information

Formal guidance

2004-05:

2003-04:

Audit forms and guidance

2004-05:


Enquiries to:
Central Private Finance Unit
Zone 1/A5
Eland House
Bressenden Place
London SW1E 5DU
Tel: 020 7944 4228
Fax: 020 7944 4259

CLG is not responsible for the contents or reliability of the linked web sites and does not necessarily endorse the views expressed within them. Listing should not be taken as endorsement of any kind. We cannot guarantee that these links will work all of the time and we have no control over the availability of the linked pages.

CLG can only offer an informal interpretation of legislation and it is for the authorities to seek their own legal and accounting advice.


Last updated on 3 April 2008
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