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The IPA was formed in 2016 by the merger of [[Infrastructure UK]] (IUK) and the '''Major Projects Authority''' (MPA).<ref>{{Cite web|url=https://www.gov.uk/government/news/government-creates-new-body-to-help-manage-and-deliver-major-projects-for-uk-economy|title=Government creates new body to help manage and deliver major projects for UK economy - Press releases - GOV.UK|website=www.gov.uk|access-date=2016-09-19}}</ref> The IPA Chief Executive was [[Tony Meggs]] until July 2019, when he was replaced by Nick Smallwood.<ref>{{Cite web|url=https://www.gov.uk/government/news/new-government-projects-chief-unveiled|title=New Government Projects Chief Unveiled|website=GOV.UK|language=en|access-date=2019-07-02}}</ref>
IUK was established in 2010 to support major infrastructure projects involving public sector capital; and the MPA was established in 2011 with a mandate to oversee and assure the largest government projects.<ref>{{cite web|url=https://committees.parliament.uk/work/4297/major-projects-authority/publications/|title=Major Projects Authority|publisher=UK Parliament|access-date=31 March 2025}}</ref>
In December 2017 the IPA issued the ''[[Transforming Infrastructure Performance]]'' report aimed at achieving annual savings of £15 billion per year in infrastructure procurement by increasing collaboration and innovation. On 13 September 2021, a follow-up report, ''Transforming Infrastructure Performance: Roadmap to 2030'', was published alongside the ''National Infrastructure and Construction Pipeline'' forecasting £650bn investment in UK infrastructure over the next decade.<ref name="IPAroadmap">{{cite web |title=Policy paper: Transforming Infrastructure Performance: Roadmap to 2030 Published 13 September 2021 |url=https://www.gov.uk/government/publications/transforming-infrastructure-performance-roadmap-to-2030/transforming-infrastructure-performance-roadmap-to-2030 |website=IPA |access-date=20 September 2021}}</ref>
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