PFI: National Audit
29 November 2010
There has been a very damning National Audit Report on the M25 widening scheme. It's not the first PFI project that has come under fire, the Royal Liverpool University hospital PFI is currently being delayed. What's this all about? It seems that the argument over value for money has gone awry. PFI schemes were the preferred method as they were more likely to come in on time and within budget. They also allowed government to spread the up-front cost over a much bigger timeframe. Why the change of...
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