3.20 In certain cases, for example by accelerating payments to shareholders, a refinancing may change the pattern of risks and rewards for consortium shareholders which is appropriate for a sustainable long term relationship with a department. Departments should, therefore, assess the pattern of expected shareholder returns and how these will be affected by a proposed refinancing, to satisfy themselves that there will continue to be an appropriate incentive for the consortium to maintain the quality of service desired while delivering the project at a price which is value for money. Departments should also be concerned by any refinancing proposal which involves releasing cash reserves tied up in the project company, as these reserves can also act as a continuing incentive to maintain the quality of service as well as provide financial stability to the project company. Departments should seek suitable financial advice in respect of these issues.