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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... [22 Jun 2006]
MPs hammer Customs for failure to control IT spending
News The department's IT structure was taken over by then national champion computer company ICL in 2000 under a PFI deal. It is also committed to spend an additional £250m enhancing its IT infrastructure... [22 Jun 2004]
"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)... [11 Nov 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... [03 Mar 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... [25 Jul 2002]
ICL ducks out of £40m Post Office contract
News These will be complete solutions on a PFI scale, which will include equipment, services, maintenance and training," the spokesman told silicon.com. ICL said it wasn't interested in bidding for the contract. [04 Apr 2001]
ICL Post Office fiasco costs UK taxpayers £1bn
News No-one from ICL was available for comment but it did release a statement that said: "The Benefits Payment Card project was part of a ground-breaking public finance initiative (PFI) contract and all the... [18 Aug 2000]
ICL group wins £350m Home Office contract
News The Home Office is to award a £350m ten-year PFI (Private Finance Initiative) contract to an ICL-led consortium. A large factor in the PFI deal - dubbed IT2000 - will be the IT training... [12 Jul 2000]
PFI Taskforce set to go private
News ICL, a major beneficiary of PFI contracts, agreed that there have been problems with the schemes. The PFI Taskforce - the UK government agency in charge of advising on Private Finance... [06 Jul 1999]
ICL loses £180m as government pulls out of swipe card deal
News IT services company ICL admitted it has taken a £180m hit as a result of a failed PFI (private finance initiative) contract with the UK's Benefits Agency and Post Office. Todd also said he will be more... [26 May 1999]
UK smartcard project could fold
News The PFI (private finance initiative) project is intended to link up the Benefits Agency with Post Offices, giving claimants a simpler way to get their money. ICL was chosen two years ago to lead a... [05 May 1999]
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]
ICL wins PFI schools contract
News ICL has won the first private finance initiative contract to supply IT equipment for the UK's national grid for learning. A spokesman for ICL said the company would train teachers to make them aware of... [29 Nov 1998]
Unitas group wins £200m DTI contract
News The consortium, known as Unitas, won the contract under the UK government's Public Private Partnership (PPP) scheme, the successor to the previous government's much-criticised Private Finance Initiative (PFI). [23 Nov 1998]
