Part 2 In getting the best available PFI deal the Trust applied common sense and learnt from experience

2.1  The Trust learnt from both its own and the NHS's experience of the first wave of PFI hospital projects. The Trust used this experience to run an effective procurement and obtained the best available PFI deal at the time based on a new NHS standard contract. The Trust took a year to reach financial close due to contractual and design issues, including a late proposal for the change of use of one of the site buildings. Deal drift was controlled, Bywest's annual price increasing by just under 10 per cent, mainly due to inflation and the decision to use land sale proceeds to fund other work.

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