No Going Back - Complex procurement beyond PFI

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With the implementation of IFRS, PFI is being compared more carefully to other procurement strategies. PFI's rigorous risk identification and more certain outcomes mean it should still play a role. For unvarying, predictable projects, where risk can be taken by contractors, it will remain a key procurement approach.

For more challenging and complex procurements, there is now a range of alternative strategies. For projects not suitable for PFI, what happens now?