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All Eyes On Upcoming PPP Conference

category national | rights, freedoms and repression | news report author Tuesday November 02, 2004 12:44author by Donnacha O Briain - DAPSE Report this post to the editors

National Conference has been called in apparent attempt to revive the fortunes of Public Private Partnerships

Despite recent setbacks to the Public Private Partnership concept - including our Controller General's report on PPP pilot projects - it would appear the state/private sector alliance whichhas been pushing our government to fully embrace PPPs is far from giving up.

Flying in the face of the mounting evidence that PPPs are bad value for taxpayers' money and constitute a form of hand-out to private finance - a conference has been called in Dublin with the apparent aim of reviving PPPs waning appeal.

This November 30th, The Institute of Public Administration together with the CIPFA will hold an exclusive ( ca Euro400 per ticket) conference with the slightly despairing title “Making Public Private Partnerships Work”


It is my view that civil society goups need to keep a close eye on what is said there, and try to bring the views of the assembled consultants and civil servants to public attention.

The gig is taking place in Croke Park, Dublin


For more info see:


http://www.cipfa.org.uk/regions/roi/events.cfm

author by Yossarianpublication date Tue Nov 02, 2004 19:13author address author phone Report this post to the editors

There are many reports on PPP/PFI's in past issues of the UK magazine Private Eye. One issue two or three months ago had a large section devoted to the subject and there are small articles every week most of which show how costly and inefficient these financial arrangements are for the people (not the companies who are raking it in).

One of the prime benefits of these schemes for local authorities is to get new infrastructure but without large loans. In fact they turn out to be bigger loans with higher repayments but the capital sum is kept off the balance sheet because the local authority does not get a loan, it "leases" the properties/services back from the contractor at inflated rates.

So, it looks good for the government accountants by whatever fucked up standards they work with but the people end up paying a lot more for the service which is often way below existing standards.

PPP's are robbery.

 
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