...S. Thomas Ng; Jingzhu Xie; Mohan M. Kumaraswamy Purpose Unlike other project delivery options, a much larger proportion of risks is borne by the private partner in public‐private partnerships, since a large amount of equity is needed to finance the scheme. As a result, it is of paramount...

...ALASDAIR SAUNDERS This paper comments on the attitude of Banks to the HM Guidelines, for PFI as well as analysing the cost of finance obtained under the Guidelines and comparing it with finance from other sources. This analysis is extended, by way of example, to t he Dalmuir sewage treatment works...