7. PPP/PFI procurement relies on standardised methodology and commercial / legal terms, which are managed centrally in Scotland by the Financial Partnerships Unit (FPU) within SE. Because it is essential that this methodology continues to represent good VfM in each case, and to provide specialist expertise to ensure that risk transfer is not diluted, approval must be sought from the FPU in respect of all plans to utilise or structure capital injections into a PPP project at any point in a project's life.
8. This process should take place at the earliest possible stage (for example at OBC stage / initial approval) and subsequently if the size, nature or timing of planned injections change before or during procurement. The FPU will consider each application on a project specific basis applying this guidance note, and will consider the size of the proposed injection in relation to the total financing requirement of the project.