Stakeholders, including project sponsors and government, take comfort in the due diligence and project monitoring undertaken by project finance lenders. However, while these disciplines provided by the debt providers have been, and remain, valuable, the highly geared capital structures in past PFI projects have tended to restrict operational project flexibility. Uncertain debt markets have also accelerated the need to consider different financing structures from wider sources of debt finance, so that such that projects can continue to secure long-term debt on value for money terms.