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Clarke rejects refunds on bidding costs

Language: English Series: Construction News ; (6488) 24 October 1996, 4(1)Publication details: 1996Subject(s): Summary: The chancellor has refused to reimburse excessive PFI bidding costs, but has agreed to allow contractors to cash in their equity stakes in private contracts.

The chancellor has refused to reimburse excessive PFI bidding costs, but has agreed to allow contractors to cash in their equity stakes in private contracts.