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Private Finance Initiative
A strategy introduced in the early `90s under which public buildings are designed, built, financed and operated by a private sector consortium typically for a contract period of 25 to 30 years on behalf of a public sector client. PFI has been most relevant to FM in the education and healthcare sectors.
A strategy introduced in the early `90s under which public buildings are designed, built, financed and operated by a private sector consortium typically for a contract period of 25 to 30 years on behalf of a public sector client. PFI has been most relevant to FM in the education and healthcare sectors.