Why are pivate property companies put off by PFI schemes?

Asked anonymously on April 29th, 2012 @ 11:47 a.m.
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The key reasons for this are

- Deal with Government bureacracy slowing down decision makin

- Extra scrutiny from the Government, public and media - meaning a project manager may feel more pressure dealing with all the stakeholders, and presents risk to the profiles of the firm and individuals within it

-Governments change and so may policies, as such there is uncertainty about who you will be dealing with in the future and what their objectives are

 - Unrealistic expectations from the Government in what they expect form the private company

- Greater profits or reduced risk available eslewhere hence they choose not to pursue PFI

- Tendering for PFI schemes can be very costly in time and resources, may feel they are better spent elsewhere

Answered by Hannah Alton on May 8th, 2012 @ 6 p.m.