The MOD began the planning process with the assumption that the FSTA project would be delivered using a private finance deal, and therefore "off-balance sheet". This assumption was driven by affordability pressures and the prevailing policy to use PFI wherever possible. The selection of a PFI option was made without a sound evaluation of alternative procurement routes to justify why the PFI route offered the best value for money.
- NAO
"I told you so".
