4.  Implement powerful contractor incentives to reward co-operation in capturing savings and penalties to punish non-cooperation

There were mixed views on how much progress had been made in achieving this objective, although most believed time and experience were bringing benefits. In particular, there was increasing emphasis on seeking the right balance with industry in terms of partnership, competition and risk sharing, although the actual results in terms of financial and other benefits varied widely. Some further considerations from industry are described where relevant in other chapters of this report.