National Audit Office says tendering for PFI projects needs improvement / Public Technology, 9 Mar 2007
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"The National Audit Office has concluded in a new report published yesterday that the tendering process for PFI projects needs improvement. During 2004-2006, PFI projects took an average of almost three years (34 months) to tender. The average tendering period was no better than in the period 2000 – 2003 for any of the sectors examined. The report to Parliament by the NAO looks at all central government department PFI deals finalised between April 2004 and May 2006 and follows up a 2003 report by the Public Accounts Committee which found that PFI tendering did not, in all cases, follow good practice and was potentially risking value for money. The report focuses on the process for tendering and agreeing a deal and how this might be improved."
Improving the PFI tendering process / NAO, 5 Mar 2007
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