Authorities should:

• have a strategy for accommodating changes in market conditions

• accommodate the possibility of public sector funding/financing (such as capital contributions) in affordability estimates, VfM assessments and procurement documentation

• undertake suitable sensitivity analysis on the level of their financial resources as well as project costs

• seek early input from the sponsoring department if derogations from standard form contracts are envisaged

• consider the suitability of a preferred bidder debt funding competition, allocate resources accordingly and (in any event) reserve the right to require such a competition to be run