4.14 In relation to the supply side of the market, sponsoring departments should maintain regular dialogue with key PFI players in their sector and put in place mechanisms by which procuring authorities can be kept informed of the latest market developments. This should cover:
• being aware of the range and number of projects vying for market interest;
• being aware of any actual or emerging market capacity constraints within their sector or related sectors through dialogue with other departments where necessary 11;
• assessing formally the level of market interest in particular projects in the context of both particular project circumstances and competing demand from other projects likely to approach the market at around the same time;
• considering the case for managing the release of projects to the market, thereby creating a transparent pipeline of projects and avoiding clusters of projects reaching market at the same time; and
• seeking to actively promote a dynamic market by, for example, ensuring that barriers to entry remain low.
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11 The central PFU may act as a co-ordinating entity for such information flows within a department.