8.
Factors that may affect the Authority
'
s decision to run a PBDFC
In deciding to run a
PBDFC
the Authority should consider the following factors:
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8.1 Reducing bidding costs and saving time before selecting a Preferred Bidder remains a priority.
8.2 Deliverability is no longer an issue for traditional PFI.
8.3 It remains important that the Authority is confident that finance will be available on the terms and conditions envisaged.
8.4 Experience has shown that the mature market in funding conventional PFI projects has largely settled with little sign of continuing innovation.
8.5 The financing markets are dynamic
8.6 Projects with lower capital values require additional consideration
8.7 When can the project be rated?