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NAO Report on Carillion’s PFI Hospital Contracts

The National Audit Office (NAO) has released a report on the government response to the collapse of Carillion in 2018, while it was responsible for two hospital contracts.

The two PFI (Private Finance Initiative) hospitals under construction at the time the company collapsed – Royal Liverpool University Hospital and Midland Metropolitan Hospital – are currently due for completion several years late.

The NAO report states that the government has ensured that most of the increased construction costs have been borne by the private PFI investors and Carillion, rather than the taxpayer.

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