The consultation period on the draft guidance closes on 9 March. Mary Bonar, Chairman of the LRT Forum said: "This guidance will be helpful to local and regional transport authorities by bringing together the considerable volume of existing guidance that they are required to take into account, as well as useful contacts, including LRTF. The Forum is pleased the guidance confirms that it is no longer axiomatic that light rapid transit schemes are expected to be funded through the Private Finance Initiative or PPP. It is also good news that revenue risk and reward can be taken by the public sector, rather than just the private sector concessionaire". The full consultation document can be downloaded from the TfL website here. 15 December 2006