Newcastle Street Lighting PFI Project

The report questions the basis on which community benefits have been calculated, in particular the reduction in road accidents and crime reduction. It concludes that value for money is not proven because the Private Finance Initiative (PFI) option has been manipulated by the inclusion of over £16m of efficiency savings, PFI savings and risk costs either added to the Public Sector Comparator (PSC) or subtracted from the PFI option. (October 2001)


European Services Strategy Unit, Duagh, Camp, Tralee, County Kerry, Ireland.
Copyright © 1998-2017 European Services Strategy Unit

This document was created by Dexter Whitfield on 2008-03-28 15:11:03.
This document was last modified by Dexter Whitfield on 2008-03-28 15:13:44.
This website has been developed, maintained and hosted by Webarchitects since 1998.