4.3 In September 2002, HM Treasury conducted research to investigate whether PFI had delivered the benefits expected from it in completed procurements. Specifically, the research project examined information held on individual projects by procuring authorities and asked that additional data be sought from project managers across a range of sectors. Chart 4.1 sets out the project sample used to provide a picture of:
• construction performance;
• delivery against budgets;
• bidder selection;
• procurement times; and
• operational performance.