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PFI seen as loss-maker

Series: Construction News ; (6785) 26 September 2002, (1-2)Publication details: 2002Subject(s): Summary: PFI is regarded as a loss maker by nearly a quarter of Britain's top contractors according to a survey by PFI law firm Pinsent Curtis Biddle. 22% of firms expect to lose between £1m and £5m this year. More than two-thirds argued the government should draw up a compensation plan for failed bids.
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News article London News article WB3835-07 (Browse shelf(Opens below)) 1 Available 119860-1001

PFI is regarded as a loss maker by nearly a quarter of Britain's top contractors according to a survey by PFI law firm Pinsent Curtis Biddle. 22% of firms expect to lose between £1m and £5m this year. More than two-thirds argued the government should draw up a compensation plan for failed bids.