The financial difficulties of Jarvis plc did not have an effect on the delivery to contracted price of the projects in our sample

49  All projects affected by the financial difficulties experienced by Jarvis plc were reported to be delivered to the contracted price, despite experiencing delays. This is evidence of the intended risk transfer working. One affected PFI project commented "Given the difficulties the contractor got into, PFI did protect us from the consequences…the key message is the benefit in risk transfer".