Part 1 The hypothesis is that PFI will deliver price certainty for departments and timely delivery of good quality assets
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PFI incentivises the consortium to deliver the built asset to budget and on time
PFI incentivises the consortium to deliver the built asset to budget and on time
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Payments are fixed in the contract, which encourages accurate assessment of costs and risks
Paying for services when delivered under most PFI contracts encourages timely delivery of the asset