Departments have in the meantime been making definite progress in securing better terms in new contracts, but sometimes without fully understanding the issues involved

2.23  Since June 2001, most new PFI deals have included arrangements to share refinancing benefits 50/50. Pending the finalisation of revised guidance with proposed contract terms, it had taken some time for the 50/50 policy to be widely adopted by departments although they were increasingly seeking some sharing of refinancing benefits in new contracts. Although there has been much work in the last two years to raise the public sector's awareness of refinancing issues, and the OGC has advised authorities to take advantage of the expert advice available from PUK, there is evidence that some authorities are insufficiently aware of all the issues. This suggests that training and possibly further information is needed. The OGC considers that a number of initiatives should help to address this.