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PFI and the credit crunch.UK
http://www.projectdatafile.co.uk/feature_story.asp?id=112
Submitted by anxora 1 month, 4 weeks, 1 day, 1 hour ago
Projects and commercial partners, Tiffany Cloynes and Vincent King from law firm Cobbetts LLP look at the prospects for Private Finance Initiative (PFI) in the current economic climate. There has been some debate as to the impact of the current economic climate for PFI transactions. The contractual terms for projects which have already been signed should be robust enough to ensure that the new facilities and services are delivered as specified.
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