The cost of advisers

17.  Advisers' costs in PFI deals can exceed budgets by significant margins. For example, on the Newcastle Estate deal (19th Report, Session 1999-2000), the cost of legal advice increased from an initial estimate of £70,000 to an outturn of £2.3 million. On the Dartford and Gravesham Hospital deal (12th Report, Session 1999-2000) the Trust incurred advisers' costs of £2.4 million, which exceeded the initial estimates by almost 700%. After a series of hospital PFI deals, the Trust spent £2.3 million on advisers on the West Middlesex Hospital deal (19th Report, Session 2002-03), virtually the same amount as at Dartford and Gravesham four years earlier.