Islington has elected not to outsource service provision following the expiry of a PFI housing project in 2022. Looking at the report underpinning the decision, it doesn't look like risk transfer featured highly amongst the Council's list of priorities. Is this simply a case of 'public sector good, private sector bad'? Will other Authorities investigate more innovative solutions for the management of PFI assets post expiry?
In terms of outsourcing, it is not possible to provide a realistic estimate in terms what a third party (such as a housing association) would be seeking, in order to provide this service, without testing the market and clearly specifying the service model to be delivered.