‘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 Evaluating the case for a gearing incentive mechanism: A report for Southern Water Further Evidence on Frontier Shift at PR24 Economic Insight’s Smarter Regulation Condoc Response