BEags
Whereas the MoD...... Did they really think that PFI AAR would attract a company which didn't wish to make a profit?
That's a bit harsh. Everyone
knew that the chosen company would be making a profit. It was never about that; it was all about the bit that JP has succinctly stated in the post below yours.
Unfortunately, and despite the best efforts of several desk officers, no-one in the squirarchy were prepared to accept that PFI was a load of bolleauxs for a military capability.
A view apparently now (finally) shared by the House of Commons Defence Committee