No......

It's designed to turn a capital expenditure by HM Government into a revenue expenditure.

Which has both advantages and disadvantages.

The advantage in the short term was that HM Government were able to spend more on immediate fixes. The disadvantage is that your revenue spend rises with each project.

Posted By: InTheAbsenceOfAHorse on September 29th 2006 at 13:11:25

Message Thread

Certainties in life: death, taxes and ... (Other Football) - BerlinCanary, Sep 29, 12:12:27
- i said on here, (Other Football) - NCFC4life, Sep 29, 12:18:35
  - Shouldn't have built the national stadium in London - crazy building price (n/m) (Other Football) - Commisar_Canary, Sep 29, 12:20:39
    - the problem was they should never have let multiplex run the project, (Other Football) - NCFC4life, Sep 29, 12:24:31
      - Alawys a problem with low bid mentality. Means they have to cut corners all the time (Other Football) - Army Boy, Sep 29, 12:36:14
        
        Yeah..... (Other Football) - InTheAbsenceOfAHorse, Sep 29, 12:43:05
        
        precisely where it went wrong (n/m) (Other Football) - NCFC4life, Sep 29, 12:38:38
      - Well, Multiplex put in the bid, however stupidly low. Tough shit, let them carry the can. (Other Football) - BerlinCanary, Sep 29, 12:31:56
        
        Almost all of these large construction contracts end in court (Other Football) - Cannydc, Sep 29, 12:45:10
        
        That's what I mean by provision (Other Football) - BerlinCanary, Sep 29, 12:52:04
        
        and that is what it looks like to me too, (Other Football) - NCFC4life, Sep 29, 12:40:22
        
        That's always possible and wouldn't surprise me (Other Football) - BerlinCanary, Sep 29, 12:54:57
        
        Still, this is nowhere near as bad as many PFI contracts that don't get publicity (Other Football) - BerlinCanary, Sep 29, 12:58:24
        
        Wrong the forerunner to PFI called BOT has a good example in the M25 Dartford Crossing (n/m) (Other Football) - Commisar_Canary, Sep 30, 02:54:38
        
        No...... (Other Football) - InTheAbsenceOfAHorse, Sep 29, 13:11:25
        
        PFI you mean? I was being facetious about it's design ... (Other Football) - BerlinCanary, Sep 29, 14:16:31
      - And if they had chosen the expensive option (Other Football) - Cannydc, Sep 29, 12:31:29

Reply to Message

In order to add a post to the WotB Message Board you must be a registered WotB user.

If you are not yet registered then please visit the registration page. You should ensure that their browser is setup to accept cookies.