Less than half of project teams had PFI experience

83  Forty per cent of project teams had experience of managing a PFI project before the one in question and just 34 per cent at the time of the survey had gone on to manage another (Figure 17).

84  More project teams had prior experience of construction more generally, with 60 per cent of project teams having experience of public sector construction and 63 per cent with prior experience of a large, complex, non-PFI project. Eighteen per cent had prior construction experience in the private sector. The prior experience of the Authorities responsible for these projects is similar to that of the project teams themselves (Figure 17).

85  Of the project teams that reported prior PFI experience, 73 per cent of their projects were on time or early, which is only a marginally better performance than the sample as a whole. The same group reported delivering to contracted price in 60 per cent of cases, which is a marginally worse performance than the sample as a whole.