3.1 Subject to paragraphs 1 and 2 of this Section C, the amount of the Deduction in respect of a Performance Failure shall be as follows:
3.1.1 in the case of a Minor Performance Failure, the sum of [£25 - £12.50]106, index-linked;
3.1.2 in the case of a Medium Performance Failure, the sum of [£60 - £30], index-linked; and
3.1.3 in the case of a Major Performance Failure, the sum of [£200 - £100], index-linked.
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106 Figures at 2007 prices. Projects will need to consider where their performance deductions should fall in this range through calibration modelling prior to launch of ITPD. A project with a capital value around £20m and hard FM services would fall at the bottom end of the range. A project with a capital value of in excess of £200m and a broader range and higher value of services including soft FM would fall at the top of the range. Evidence of calibration modelling to optimise value for money will be sought by PFCU in pre-ITPD Key Stage Review.