‘PFI is dead. Long live moral hazard.’ Sam Williams, a Director of Economic Insight, comments in The Water Report on the government’s decision to abolish PFI as a means of facilitating infrastructure delivery. DOWNLOAD: PFI is dead. Long live moral hazard PUBLICATION AUTHORS SAM WILLIAMS Reading time: 10 mins RELATED PUBLICATIONS RIIO-3 Final Determinations – initial review The Cunliffe Review – lessons for energy network regulation Historical underinvestment and the regulatory framework