Poor PFI: Blame it on the buyer?
27 November 2007 | Steve Bagshaw
A new report from the Committee of Public Accounts doesn’t look too favourably on the way procurement teams in the public sector handle Private Finance Initiative projects.
The report says that since 2004 the number of PFI deals attracting only two bidders has more than doubled, thereby increasing the risk of no competition if one of the bidders is weak or drops out.
The MPs behind the report say an improvement in procurement skills is needed, but is it rather the PFI itself that is to blame? Do you see shortcomings in the way you or your colleagues handle these contracts or do these projects present difficulties for your profession?
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