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Could bidding costs kill PFI?

By: Language: English Series: Construction News ; (6933) 8 September 2005, 14-15(2)Publication details: 2005Subject(s): Summary: Discusses what can be done to encourage contractors to use government procurement programme, as costs and lengthy process involved in PFI bidding discourages them. Representatives of the Major Contractors' Group suggest more standardisation and less detailed design at start of bidding process, which leads to vastly expensive and largely wasted outlay. Often two complete schemes are drawn up for final submission, only for one to be completely discarded. Business Services Association also suggests crackdown on consultant's fees, which increase cost of process.
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Item type Current library Call number Copy number Status Barcode
Journal article London Journal article L131051 (Browse shelf(Opens below)) 1 Available 131051-1001

Discusses what can be done to encourage contractors to use government procurement programme, as costs and lengthy process involved in PFI bidding discourages them. Representatives of the Major Contractors' Group suggest more standardisation and less detailed design at start of bidding process, which leads to vastly expensive and largely wasted outlay. Often two complete schemes are drawn up for final submission, only for one to be completely discarded. Business Services Association also suggests crackdown on consultant's fees, which increase cost of process.