28. For earlier contracts that do not follow SoPC, the MOD should not accept an increase in termination liabilities for contractor default as part of a refinancing unless there is a clear value for money case. As part of this case, as well as considering any increase in termination liabilities against the gain, the value for money assessment should also consider the possible benefits of introducing SoPC provisions. Note: For contracts based on SoPC, it should not be possible for any refinancing to increase the compensation payable.