Not a penny more
Guit, R
Not a penny more - 2001 - Building 266(8183) 4 May 2001, 58-59(1) .
Looks at the high-risk environment of PFI construction, detailing the roles of the procuring authority and the project company. Explains the rationale of the fixed-price contract, and highlights that the risk of construction cost overrun must be borne by the contractor.
RISKS
COSTS
PRIVATE FINANCE INITIATIVE
PFI
CONSTRUCTION PROCUREMENT
Not a penny more - 2001 - Building 266(8183) 4 May 2001, 58-59(1) .
Looks at the high-risk environment of PFI construction, detailing the roles of the procuring authority and the project company. Explains the rationale of the fixed-price contract, and highlights that the risk of construction cost overrun must be borne by the contractor.
RISKS
COSTS
PRIVATE FINANCE INITIATIVE
PFI
CONSTRUCTION PROCUREMENT