pfi in comment and analysis
A litany of disasters has made shared services easy to swallow
Comment Well, news broke earlier this year that private companies stand to reap profits of £3.3bn from the government's controversial PFI initiatives, which understandably got the hackles of taxpayers up. Addleshaw Goddard's Paul Bentham explains how the... [20 Jun 2007]
Leader: Criminal record system highlights fatal government flaws
Leader The familiar failings were that it was based on the controversial PFI arrangement (which has now thankfully been banned for IT projects by the Treasury); that the system was planned on ‘wishful thinking’ rather than thorough research; the... [13 Feb 2004]
Devil's Advocate: Taking risks
Comment When Martin Brampton recently wrote about risk sharing within PFI contracts his inbox soon filled. We do not necessarily have to abandon schemes such as PFI. The idea that PFI involves a sharing of risk does not run deep. [03 Mar 2003]
Devil's Advocate: Who’ll do the dirty work?
Comment The problem has been especially acute with PFI projects, the initiative that is supposed to see the private sector shoulder the risks of tricky development and deployment projects. One is that PFI does not genuinely transfer risk, it merely... [10 Feb 2003]
Public menace: why things aren't jolly in the land of giant PFIs
Comment There is a certain ministerial machismo which says, 'I won this huge PFI, I got permission from the Treasury'; and secondly 'I can show that I have delivered some really huge project in my short period before I'm reshuffled'. [23 Nov 1999]
New Labour, old procurement mistakes?
Comment On 1 February 1998, responsibility for the application of PFI (Public Finance Initiative) to IT projects was transferred from CITU to the Treasury Taskforce. The UK government unveiled its Modernising Government White Paper this week, and had the... [01 Apr 1999]
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