The revised deal bears few hallmarks of a PFI project

2.27  As a consequence of the re-negotiations in 1999, the deal with RAI has been transformed from a PFI deal involving a joint venture arrangement with transfer of demand risk to the private sector to a publicly financed option, with the Armouries leasing the new museum from the private sector and having responsibility for its operation and maintenance. RAI retain responsibility for some support services.