5.2 Competition

The Unit takes responsibility for ensuring there are sufficient levels of competition, for both operators and investors.

* The Unit assesses competition levels within the sector and at a project level. It ensures projects with low levels of competition gain additional assurance on VFM.

** The Unit promotes competition across its programmes by raising awareness of the procurement pipeline and encouraging new entrants into the sector.

*** The Unit works with operators and lenders to ensure that programme, project and contract design is attractive to the market. It also addresses issues or barriers to entry that are limiting investment or operator activity in the sector.