FSTA - Cancel PFI and buy outright?
I was laughing while reading the FSTA humour thread, and not wanting to subvert that thread, a question came to mind:
Would it be preferable to admit that the PFI is a crock, and take the MOD's option of withdrawing before the contract is let (knowing that it would impose a huge delay on fielding the replacement AT), or let it proceed on the basis that the ISD will be sooner than starting again, even though it's far from perfect?
If the decision is taken to show the door to the PFI, all the world's remaining Tristars could be bought up (for not very much), and used to prop up the fleet, I suppose.
It seems similar (to me) to the decision to can Nimrod AEW3 and buy E3. A tough decision, and also forced the Shacks to soldier on, as there was nothing else to do the task.
Is it better to bite the bullet now, or allow the PFI to proceed, and spend the life of the contract biting the bullet?