d The Agency did not allow itself the flexibility to explore alternative solutions to achieve its aims. Departments need to explore all reasonable options thoroughly, and include a full evaluation of the benefits and disadvantages of credible options. Large or complex procurements may take a number of years to complete. Departments should, therefore, allow themselves flexibility when advertising procurements to consider emerging technologies which may prove to be value for money, taking account of both costs and benefits.
e By exposing the project to risk for longer than had been expected the Agency incurred higher financing costs in the credit crisis. Departments should endeavour to remain on timetable to take advantage of good market conditions as these are not guaranteed to continue. Where market conditions have deteriorated, or are expected to, departments should assess the benefits and disadvantages of continuing, deferring or abandoning the procurement.