Collaborative working and partnering between the public and private
sectors has been fairly standard practice in some form or other for
over 100 years, but it is only in recent years that it has become
more prevalent. In the UK, it is little more than 10 years since
the most widely known Public Private Partnership, the Private
Finance Initiative, was launched and yet it has already been
described by some as 'the new economic paradigm'. PFI has now
become the preferred method of procurement for many UK Government
agencies such as the NHS building programme, whereas other bodies
oppose the introduction of the private sector into the provision of
traditional public sector services. Although the use of PPPs is the
most controversial procurement strategy now used by the UK
government, it currently accounts for approximately 11 per cent of
government expenditure and there is no doubt that it is here to
stay.
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