• Business
  • Published 2003

Public bodies’ perceptions on risk transfer in the UK’s private finance initiative.

@inproceedings{Gao2003PublicBP,
  title={Public bodies’ perceptions on risk transfer in the UK’s private finance initiative.},
  author={Simon S. Gao and Morrison Handley-Schachler},
  year={2003}
}
This paper presents a preliminary study of public bodies’ perceptions relating to risk transfer in the UK private finance initiative (PFI). The study is based on semi-structured interviews conducted during the period from April to October 2002 at three public bodies which had used PFI to finance capital projects located in Scotland, Wales and England. Overall there is a mixture of impressions from the interviewees on attitudes to risk transfers and how risks were quantified in… CONTINUE READING

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