Did you use SPVs (Special purpose vehicles) to conduct your proposal on the construction / building / negotiation of QE Hospital project? If yes, how reliable do you think your SPV was in terms of tendering for the project? Is there secrecy in the negotiation and bidding by the private consortiums? PFI projects are said to be complex with regards to construction activities. Is this a problem for accurate planning to meet specific targets such as time, design and costs? To what extent do you think the public should know about public assets under private control? To what extend should the public know about what is being constructed? Do you favour the length of PFI projects (15 to 30 years)? 85% of public projects were still using traditional procurements by 2003. Do you favour PFI investment for public services? The use of KPIs are important as far as benchmarking performances are concerned. But are KPI’s measuring performances or are they measuring fear? Staffs and analysts will not put themselves in a situation where their views could be noticed fearing they could be picked on by their department. Are KPIs measuring actual performances? The downfall of Jarvis serves a good example to most constructions. Do you think the downfall of such contractors has lead to the need for other contractors to secure themselves against such downfalls by increasing on the costs and maintenance of their projects? On your current projects, have you considered the downfall of other contractors as an example by which you could implement effective planning? Is the problem with PFI very much related to planning? How far can creativity in planning play an important role in the development of PFIs? Why are you successful in delivering your projects?
Please give examples about these projects in terms of time, costs, design and management: For the QE Hospital project, where you selected on negotiation or by competitive contractor selection? If 'Other' please specify: Do you have the right to sell off your investment in the project to another company? If yes, to what extend does the public need to know about this? Are you aware that SPVs are responsible for loss to various organisations such as Enron? By investing and being represented by a SPV are you able to focus on other jobs at hand? How important are SPVs in PFI projects? Contractors’ interest on borrowing is higher than that of the government borrowing. Is this why the tender prices are higher with PFI projects? Increases of debts by increases in charges or by interests on borrowing are affecting public service clients as they have to pay back the contractors, do you think this is a long term problem for future public investments in the NHS? When you refinance your project it means you are paying less than you used to pay before, do you think that the OGC (Office of the Government Commerce) is right in suggesting that the profit for such be shared between the private and public body in PFI schemes? Do you favour direct government funding? Is PFI creating more jobs for the economy? What do you think of PFI projects, are they value for money? If the contractor makes profit or the public service looses money in both cases the government will have to step in. Investment in the long run on PFI projects, is it foreseeable? |
Survey software
Leading survey software to help you turn data into decisions.
Research Edition
Intelligent market research surveys that uncover actionable insights.
Customer Experience
Experiences change the world. Deliver the best with our CX management software.
Workforce
Powerful insights to help you create the best employee experience.
