Benchmarking and market testing the ongoing services component of PFI projects
Author(s)
Bibliographic Information
Benchmarking and market testing the ongoing services component of PFI projects
Stationery Office, [2007]
Available at 1 libraries
  Aomori
  Iwate
  Miyagi
  Akita
  Yamagata
  Fukushima
  Ibaraki
  Tochigi
  Gunma
  Saitama
  Chiba
  Tokyo
  Kanagawa
  Niigata
  Toyama
  Ishikawa
  Fukui
  Yamanashi
  Nagano
  Gifu
  Shizuoka
  Aichi
  Mie
  Shiga
  Kyoto
  Osaka
  Hyogo
  Nara
  Wakayama
  Tottori
  Shimane
  Okayama
  Hiroshima
  Yamaguchi
  Tokushima
  Kagawa
  Ehime
  Kochi
  Fukuoka
  Saga
  Nagasaki
  Kumamoto
  Oita
  Miyazaki
  Kagoshima
  Okinawa
  Korea
  China
  Thailand
  United Kingdom
  Germany
  Switzerland
  France
  Belgium
  Netherlands
  Sweden
  Norway
  United States of America
Note
At head of title: National Audit Office
"HC 453 Session 2006-2007, 6 June 2007"
"Ordered by the House of Commons to be printed on 4 June 2007"
Description and Table of Contents
Description
Of the 500 Private Finance Initiative (PFI) contracts that are in the operational stage, over half have a provision for periodically testing the value of certain services such as catering and cleaning. In most contracts, the exercise will be undertaken every five to seven years and the value testing could be done either by benchmarking or market testing.This report, "Benchmarking and Market Testing the Ongoing Service Component of PFI Projects (HC 453)", is based on an examination of the contractual provision of 34 PFI contracts to assess their expected effectiveness. In addition, 11 projects that had already undertaken value testing were also examined. It was found that some of the initial cases of value testing showed value for money was being achieved but in other cases the outcome was uncertain.
by "Nielsen BookData"