Guidance

DAO 02/14 early termination of contracts

'Dear Accounting Officer' (DAO) letters are used to provide specific advice on issues of accountability, regularity and propriety and annual accounting exercises.

From:
HM Treasury
Published
24 October 2014
Last updated
28 November 2018 — See all updates

Documents

DAO 02/14 early termination of contracts

PDF, 156 KB, 2 pages

Details

The government has announced that it will no longer use PF2, the current model of Private Finance Initiative (PFI) for new government projects. Existing PFI and PF2 contracts will not end because of this announcement.

DAOs supplement guidance is published in Managing Public Money.

Updates to this page

Published 24 October 2014
Last updated 28 November 2018 + show all updates

  1. Updated with announcement: 'The government has announced that it will no longer use PF2, the current model of Private Finance Initiative (PFI) for new government projects. Existing PFI and PF2 contracts will not end because of this announcement'.

  2. First published.

Sign up for emails or print this page

Related content