This letter invites expressions of interest from local authorities that may be interested in bidding for Private Finance Initiative (PFI) credits for children's services. Asks Authorities interested in submitting a formal bid for PFI credits for children's services in 2006 to complete and return the Expression of Interest form at Annex A by 20 January 2006.
The Machinery of Government change in 2003 saw responsibility for Children's Social Services transfer from the Department of Health (DH) to the Department for Education and Skills (DfES). As part of this change, £60 million of Private Finance Initiative (PFI) credits have been transferred from DH to DfES for the 3-year period 2005-06 to 2007-08 (£20m per year). These credits are intended to support PFI projects that promote and advance the Every Child Matters agenda: that every child from birth to 19, whatever their background or their circumstances, has the support they need.
Although many of the Department of Health's Children and Families functions have transferred to the Department for Education and Skills (DfES), these circulars will continue to be issued in the Local Authority Circular (LAC) series for the foreseeable future.
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