New PFI employee rule.
New PFI employee rule.
- 1999
- Contract Journal 399(6235) 21 July 1999, 1(1) .
The Treasury has ruled that ancillary staff such as cleaners, porters and cooks will no longer have to transfer to the private sector under a private finance initiative (PFI) deal. This is a result of the Treasury's adoption of the Accounting Standards Board's rules on PFI deals which allow the separation of the 'soft services' from the rest of the deal.
PRIVATE FINANCE INIITIATIVE
PFI
ACCOUNTING STANDARDS BOARD
The Treasury has ruled that ancillary staff such as cleaners, porters and cooks will no longer have to transfer to the private sector under a private finance initiative (PFI) deal. This is a result of the Treasury's adoption of the Accounting Standards Board's rules on PFI deals which allow the separation of the 'soft services' from the rest of the deal.
PRIVATE FINANCE INIITIATIVE
PFI
ACCOUNTING STANDARDS BOARD