Part 2 The 1998 PFI contract for the College's permanent home was good value for money and provides useful lessons
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The Department used the PFI to procure the College's permanent home
The Department used the PFI to procure the College
'
s permanent home
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The Department originally planned to fund new facilities using public sector capital but changed to the PFI
The Department selected its preferred bidder after a competition but the original timetable was unrealistic and negotiations were protracted
Before signing the contract the Department confirmed that the PFI offered best value for money