Frequently Asked Questions
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1. What is Prudential Borrowing?
2. Why are Authorities considering using Prudential Borrowing for Waste Projects?
3. Why does WIDP favour the use of private finance over Prudential Borrowing for large residual waste infrastructure which include process or combustion engineering technology?
4. How can Prudential Borrowing be applied in the waste sector?
5. Is Prudential Borrowing cheaper than Private Finance?
6. What types of waste infrastructure is Prudential Borrowing suitable for?
7. Can the same level of risk be transferred under a project which uses Prudential Borrowing as through Private Finance?
8. Can the risks associated with a project which uses Prudential Borrowing be mitigated?
9. How do timescales for procurements using Prudential Borrowings compare with PFI?
10. Can projects funded using Prudential Borrowing be 'off balance sheet'?
11. Can projects use Prudential Borrowing and PFI credits?