The advisers concluded that a PFI procurement could achieve savings to more than offset additional financing costs

2.10  The advisers considered that for a PFI project to be cheaper than conventional procurement, there would need to be savings in capital and operating costs plus benefits from the transfer of risk. They recognised that this would need to be proved through the procurement process before conventional procurement was rejected. A PFI procurement would also provide contractual incentives for the contractor to complete the redevelopment on time without cost variation to MOD with a payment mechanism that would remunerate the contractor for subsequent service delivery in line with performance.