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Private Gain and Public Loss; the Private Finance Initiative (PFI) and the Norfolk and Norwich University Hospital (NNUH); a Case Study (200906XX)
A three-page briefing
Summary (and a guide to the chapters)
Chapter 1. What is the PFI? And what is this paper about?
Chapter 2. How did PFI start? And why did the Labour Government promote it?
Chapter 3. The emphasis on Value for Money (VFM) - and the case for and against PFI
Chapter 4. The Andersen report of 2000 and its model
Chapter 5. The National Audit Office (NAO) reports on PFI projects in the health sector - the with-and-without test for VFM
Chapter 6. Risk, optimism bias and value for money
Chapter 7. Summary to date; and further advantages and disadvantages of the PFI
Chapter 8. An Introduction to the NNUH
Chapter 9. Assessing Value for Money; a before-and-after case study of the NNUH
Chapter 10. The profits from this and other PFI contracts in the health sector
Chapter 11. What can be done now? Is there a case for the Government buying out the PFI contract?
[Appendices]
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