By Karl Albrecht
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Extra info for Albrecht K. Brain building.. Easy games to develop your problem-solving skills
In the report of the PFI – Meeting the Investment Challenge – the government stated it’s determination to ● ● ● maintain a variety of funding for PFI projects to ensure delivery of best value for money; explore the provision of framework funding, particularly in bundled small PFI schemes; explore through pilot projects the potential of a form of credit guarantee finance. In response to the claims that debt charges on publicly funded projects are cheaper than those privately funded the government has decided to launch a pilot programme of funding PFI projects through the use of gilts, or government backed shares, that is through its own direct borrowings.
In 1979, the UK government introduced compulsory competitive tendering for local authorities and for both the United Kingdom and the United States the 1980s proved to be years of radical and political change. Traditional economic and political practices were replaced by new often controversial policies, although in theory many of the ideas, and market-oriented supplyside policies advocated were based on the old principles of laissez-faire capitalism. The two main elements of the economic strategy were as follows: first, on the demand side was a policy of firm monetary control in order to reduce inflation, and the second was the introduction of radical market-orientated policies.
Gershon’s aim was to modernise procurement throughout the government, provide a greater sense of direction in procurement and promote best practice in the public sector. Gershon’s proposals for dealing with these deficiencies led to the creation of a central organisation entitled the Office of Government Commerce. 5 and is characterised by ● ● ● long-term contracts; the management of dedicated assets left within the control of the private sector; payments on the basis of delivery, availability and usage.
Albrecht K. Brain building.. Easy games to develop your problem-solving skills by Karl Albrecht