Value for money

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Wilmslow replied

25 January 2011, 07:37
Ah, but I bet they are able to get a good deal on a sofa......
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RichardCranium replied

25 January 2011, 06:54
Originally posted by AtW View Post

Oh ffs, I thought there was such a thing as "unfair" contract terms?!?!

Whoever told you that?

As I've been banging on about since 1995, PPP or PFI is bound to fail because on one side you have one or a few career civil servants who have a day job to do, and on the other side a team of trained and professional dedicated sharks working full-time on the contract.

Every time the public sector gets ripped off. Not because they are crap, but because they are outgunned.
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AtW started a topic Value for money

25 January 2011, 00:22
Value for money

Official figures show that, under Private Finance Initiative [PFI] schemes, British taxpayers are committed to pay £229 billion for new hospitals, schools and other projects with a capital value of just £56 billion.

The PFI deals include:

• A hospital which charged £52,000 for a job that cost £750. Demolishing a shelter for smokers resulted in the PFI contractor charging £2,600 a year for the “extra cleaning”.

• A hospital in Bromley, south London, which will cost the NHS £1.2 billion, more than 10 times what it is worth.

• An empty school which will cost taxpayers £370,000 a year until 2027. Another school had to pay £302 for a socket, five times the cost of the equipment it wanted to plug in.

More from the source: Private Finance Initiative: hospitals will bring taxpayers 60 years of pain - Telegraph

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Oh ffs, I thought there was such a thing as "unfair" contract terms?!?!
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