Q5a-When the basis of a Private Finance contract needs to be altered post procurement because of changing client needs-for example, a bigger jail is required due to a larger than expected prison population-has this proved problematic compared to projects under traditional procurement?

14.  There is a cost associated with changes in Private Finance due to inflexibility of project finance solutions. However, the vast majority of the costs of changes also exist in traditional procurement but are easier to hide where there is not a contract to renegotiate. The additional cost is a trade off for transferring the risks for the long term condition of the infrastructure.