52. A realistic timetable for the procurement should be set out in the IGBC, and the project team should monitor progress against key milestone dates. Significant slippage in the procurement timetable might indicate potential problems in achieving value for money. In particular, the project team should monitor the time taken between the selection of preferred bidder and financial close. If this period has gone beyond the planned period then the impact on value for money must be explicitly considered, as should the drivers behind this slippage. If the period extends significantly a further report should be required based on the checklists above. Consideration of appropriate steps that might be taken to ensure value for money under these circumstances should be made. These may include running a funding competition, market testing sub-contracts or consideration as to whether the PFI procurement route remains suitable.