Source · Select Committees · Public Accounts Committee
Recommendation 9
9
Accepted
NISTA committed to publishing a more granular, investor-focused infrastructure pipeline bi-annually
Recommendation
We asked NISTA what it was doing to create a pipeline for investors that supports long-term decision making. It told us that it was aware the previous pipelines were construction industry focused, contained gaps, and only gave information on costs and schedules.15 In response to these issues it has committed to publishing a pipeline every six months, which is investor-focused and provides greater granularity on the types of financing models that various projects will be eligible for.16 11 C&AG’s Report, para 2.12 12 Q 25 13 PFI0005 14 Q 30 15 Q 25 16 Qq 25-27 9 2 Evaluating the choice of finance The value for money of different financing models
Government Response Summary
The government has launched a new dynamic Infrastructure Pipeline, published by NISTA in July 2025, which will be updated every six months to be investor-focused and provide greater granularity on financing models.
Government Response
Accepted
HM Government
Accepted
1.1 The government agrees with the Committee’s recommendation. Recommendation implemented 1.2 The Committee’s recommendation was based on the Infrastructure and Projects Authority’s (IPA) 2024 National Infrastructure and Construction Pipeline; since then the government has launched a new dynamic pipeline. The Infrastructure Pipeline, published by NISTA in July 2025, is a tool developed in collaboration with industry stakeholders, with updates added every 6 months. The purpose of the Infrastructure Pipeline is to enable the infrastructure industry and investors to plan with greater confidence, therefore strengthening capacity and capability and speeding up infrastructure delivery. The July iteration of the Pipeline is a first step in its development, and as it further evolves, it will also demonstrate opportunities for private investment in UK infrastructure. NISTA, a Joint Unit of the Treasury and the Cabinet Office, will continue its comprehensive engagement with a wide range of stakeholders, ensuring the Infrastructure Pipeline is tailored to meet the needs of core audiences. 1.3 Plans for the Pipeline's development are outlined in more detail in the published Pipeline dashboard. They are further referenced in NISTA's letter to the Committee, sent alongside this Treasury Minute, which also summarises how the Infrastructure Pipeline will support the 10 Year Infrastructure Strategy.