3 The availability of financial information about PFI projects

16.  Public sector project teams need information relating to the financing arrangements and the costs of their PFI projects in order to understand the economics of the project and to equip them to handle effectively negotiations on refinancing and other issues. At present there are significant limitations in:

•  the ability of public bodies with PFI projects to provide basic financial information about their projects; and

•  the availability of central information summarising aspects of PFI financing across all PFI contracts.

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