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Time is money

By: Series: Building ; 266(8170) 23 February 2001, 60(1)Publication details: 2001Subject(s): Summary: 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.

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.