2.16 If projects go badly wrong, the investors can lose money, but the public sector may also suffer through delays. Although the public sector is initially protected through reduced service payments, it may, in a rare worst case, incur possible further costs in sorting out problems following termination (Figure 4, page 18).
2.17 Not all authorities possessed updated financial information on their project companies, despite a contractual right to see such information. Authorities without updated information do not know whether the project company, or its contractors, are facing any financial difficulties that could adversely affect the project.