Timetable
We are in the process of updating our plans following the conclusion of the Treasury review of the private finance initiative (PFI), the launch of PF2 as a replacement for PFI, and the mention of our new hospital scheme in the Chancellor’s Autumn Statement (December 2012). We anticipate this will take at least six months.
Following approval of our Outline Business case, we will enter a period of procurement and then building which will take five to six years to complete before we can open the new hospital.