9 Under the PFI, the private sector is paid for taking risk. Responsibility should therefore remain with the private sector should these risks actually occur. In the restructured deal, LCR's shareholders have retained an economic interest in the project while avoiding the full financial consequences of its near collapse. For the future, departments should ensure that equity risk in PFI deals is real and that over-optimism in bidding for contracts will lead to losses if things go wrong.