Even though government's likely preferred position represents the risk allocation position generally acceptable to government in a privately financed public private partnership project, it is not intended to be an inflexible position that claims to define absolutely the boundaries of acceptance of risk by government in every public private partnership project.
It should be noted that even projects of the same nature are different, and as such, a rigorous analysis of the factors affecting risk should be conducted for every project. The final risk allocation position in a particular project (which may not necessarily reflect government's likely preferred position described in this document) depends on the characteristics of the project in question.