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Costs, outputs and outcomes in school PFI contracts and the significance of project size

Demirag, Istemi and Khadaroo, Iqbal (2010) 'Costs, outputs and outcomes in school PFI contracts and the significance of project size.' Public Money & Management, 30 (1). pp. 13-18. ISSN 0954-0962

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Abstract

This article examines operational Private Finance Initiative (PFI) school projects and reports the experiences of UK headteachers. It considers the impact of project size on value for money (VFM). Headteachers involved in small projects are more satisfied with costs than those involved in large projects, but headteachers involved in larger projects are more satisfied with affordability. Generally, heads are more satisfied with the buildings than with the services. The authors question the government’s recent policy changes to increase the size of PFI projects.

Item Type: Article
Subjects: H Social Sciences > HF Commerce > HF5601 Accounting
Divisions: Faculty of Social Sciences > Essex Business School
Faculty of Social Sciences > Essex Business School > Essex Accounting Centre
Depositing User: Iqbal Khadaroo
Date Deposited: 04 Nov 2011 13:44
Last Modified: 13 Nov 2015 15:02
URI: http://repository.essex.ac.uk/id/eprint/1266

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