EC threat to PFI deals halted
Series: Contract Journal ; 412(6365) 20 February 2002, 1(1)Publication details: 2002Subject(s): Summary: The Construction Confederation (CC) has successfully secured the retention of exclusive dialogue at the preferred bidder stage of PFI contracts. The final agreement is expected to be made legal within the EC by May. This ruling means that clients will not have to keep at least 3 bidders in the running until the final award with no negotiations after receipt of the bids and the bidders, both successful and unsuccessful, will not incur huge bid costs.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3808-16 (Browse shelf(Opens below)) | 1 | Available | 116851-1001 |
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The Construction Confederation (CC) has successfully secured the retention of exclusive dialogue at the preferred bidder stage of PFI contracts. The final agreement is expected to be made legal within the EC by May. This ruling means that clients will not have to keep at least 3 bidders in the running until the final award with no negotiations after receipt of the bids and the bidders, both successful and unsuccessful, will not incur huge bid costs.