pfi courts
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£500m Libra courts IT project fiasco
News The original cost of the project - awarded to ICL, now Fujitsu Services, as a 10-year PFI deal starting back in 1998 - was £184m. The cost of Libra, the project to modernise the IT used by the UK's magistrates' courts, has increased again. [22 Jun 2006]
"Disastrous" £400m courts IT project slammed by MPs
News The 10-year deal for the Libra system across 300 magistrates courts was initially signed with sole bidder ICL, now Fujitsu Services, back in 1998 for £184m under the private finance initiative (PFI) framework. [11 Nov 2003]
Government scraps PFI for IT projects
News However, botched PFI projects such as the £698m cancelled Pathway project to develop benefits payment smartcards and the £134m overspend on the courts Libra system have led to a major government policy rethink. [16 Jul 2003]
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]
ICL ditched from failing government project
News The government denies the foul-up will cost the taxpayer any money, because under the PFI contract the financial risk of the deal was borne by the vendor. ICL has been blamed for the failure of a high-profile government IT contract - the... [25 Jul 2002]
ICL ploughs ahead with Maff contract
News The company recently won a PFI (private finance initiative) contract with HM Customs & Excise to the value of £500m, along with contracts for the Department of Trade and Industry, and the Magistrate's Courts [22 Apr 1999]
