Part 2 The option of running a funding competition should be considered for all PFI projects
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The risks and rewards of running a funding competition need to be carefully considered
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A funding competition is more likely to be successful if departments ensure that certain conditions are met
A funding competition is more likely to be successful if departments ensure that certain conditions are met
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All types of project should be considered for a funding competition
The standard terms and conditions should be used
The amount of funding required will influence the type of competition
All parties need high quality advice
Decisions need to be taken in a timely manner
The number of funders invited to bid needs to be carefully judged