Although it is sometimes viewed with suspicion, with the appropriate structures in place, partnering can help to make the bidding on PFI projects run a lot more smoothly, writes John Holden-Ross
January 29, 2003 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Ensuring that PFI bid costs are kept to a minimum is an issue that has been around for some time. Whatever the size of project, bid cost risk can make projects unattractive for the private sector and unaffordable for the public sector.
Experience shows that the parties to a PFI project can struggle to partner effectively during the bidding period up to when contracts are signed.
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