Europe to address PFI rule threat_2
3 April 2012
Fears that private finance initiative (PFI) bidding costs could soar under proposed revisions to European Union procurement regulations are being addressed by European Commission officials.
A Construction Confederation delegation to Brussels last week was told by EC officials that their concerns would be taken into account in the final drafting of the consolidated procurement directive. The current proposals, which could become law within two years, prevent a client selecting a preferred bidder and hammering out final details of a scheme on an exclusive...