3.6 As illustrated by Figure 10, there was no direct correlation between the time it takes to tender a deal and the capital value of a deal. The type of deal, for example whether a deal is for a school, hospital or other serviced buildings did have a significant influence on time taken to tender. Overall, however, only about a third of the variation in tendering times was explained by factors such as deal size, type of deal and the experience of procurement teams in managing PFI projects.17
10 | The length of tendering for PFI projects was unrelated to the size of those projects |
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Source: National Audit Office census 2006 | |
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17 See Appendix 4 for the statistics to support this paragraph.