000			01788cad a22002535a 4500
001			L141588
008			071204s2007 xxk f 000 0 eng d
035			_a(Sirsi) u141588
041	0		_aeng
050	0	4	_a336.39 $2 18
110	2		_aUnited Kingdom _bParliament _bHouse of Commons _bSelect Committee of Public Accounts _93570
245	0	0	_aHM Treasury _btendering and benchmarking in PFI _bsixty-third report of session 2006-07 _h[electronic resource]
260			_aLondon _bTSO _c2007
490		0	_aHC _v754
505	2		_aSummary -- Conclusions and recommendations -- Maintaining competitive tension in the tendering and value testing of PFI deals -- Time and cost implications of tendering and negotiations -- Skills and expertise in public sector teams
520			_aInvestigates whether concerns over the PFI tendering process are starting to be addressed. Also highlights the initial experiences of a small number of PFI projects that conducted value testing up to summer 2006. Reveals that there has been no improvement in tendering times, risks to value for money are being taken with one third of public sector teams making changes to PFI projects after selecting a single bidder, and there is a significant lack of skills and experience in public sector PFI teams. Also shows that benchmarking and market testing have increased prices by up to 14% and that since 2004 the proportion of deals attracting only two bidders has more than doubled, increasing the risk of no competiton.
521			_aAdvanced
590			_aKA
650	2	4	_aPFI
651		4	_aUnited Kingdom _y
690			_aProcurement _96260
856	4	0	_uhttps://www.parliament.uk/parliamentary_committees/committee_of_public_accounts.cfm _zView the report free of charge at www.parliament.uk...
942			_n0
999			_c107704 _d107704