Time is money
Guit, R.
Time is money - 2001 - Building 266(8170) 23 February 2001, 60(1) .
Companies face tough financial penalties if they fall short of PFI deadlines. Considers the financial risks special purpose vehicles (SPVs) face if they fail to hit deadlines, and that extensions of time, when granted, are not an easy option to fall back upon.
EXTENSION OF TIME
PFI CONTRACTS
TIME
DEADLINES
SPECIAL PURPOSE VEHICLE
PRIVATE FINANCE INTIATIVE
LATE COMPLETION
PAYMENTS
Time is money - 2001 - Building 266(8170) 23 February 2001, 60(1) .
Companies face tough financial penalties if they fall short of PFI deadlines. Considers the financial risks special purpose vehicles (SPVs) face if they fail to hit deadlines, and that extensions of time, when granted, are not an easy option to fall back upon.
EXTENSION OF TIME
PFI CONTRACTS
TIME
DEADLINES
SPECIAL PURPOSE VEHICLE
PRIVATE FINANCE INTIATIVE
LATE COMPLETION
PAYMENTS