What is PFC?
PFCs are held in each genre area at regular intervals attended by senior members of Commercial Affairs and Commissioning.
What does PFC do?
It considers for approval deals and amendments for projects within a particular genre and within given price limits.
What is BAB?
It meets fortnightly and comprises senior members of Commercial Affairs, Commissioning, Finance and Programme Planning and Strategy.
What does BAB do?
- It reviews recent commissioning forms to anticipate issues/deals
- It considers any issues which may have a significant impact on the cost or terms of commissioned or acquired projects.
- It considers for approval all deals and amendments which are outside of the approval limits of PFC.
- It reviews the minutes from PFC meetings.
How do I know when my project is to be considered by PFC or BAB and the outcome?
The Commercial Affairs Manager(s) for the programme will be able to tell you when a project is submitted to PFC or BAB.
Why does PFC or BAB matter to producers?
C4 will never advance funds unless PFC or BAB have green lit the project.
What if I need approval ahead of the next scheduled PFC or BAB?
In exceptional circumstances - usually for 'fast turnaround' projects - there is a simple and fast process for 'outside' BAB approval. Projects cannot be approved by a PFC outside of a meeting.
How does PFC or BAB reach decisions?
By considering the identified risks to C4 and compliance with the Terms of Trade - financial, legal, business, scheduling and in practical terms - of each project submitted.
