67 Audit Scotland published a Review of major capital projects in Scotland in 2008, which reported on the performance of all major capital projects completed between 2002 and 2007. The study surveyed all 437 major capital projects over £5 million in capital value completed in the study period across sectors (transport, justice, environment, health, education). PFI projects were excluded.
68 Audit Scotland reported 41 per cent of major capital projects delivered to the contracted timetable and 58 per cent to contracted price. This performance to price is not dissimilar to the NAO's non-PFI results; however, the proportion delivering to timetable is much lower. Overly optimistic forecast delivery dates are stated as an important factor in poor performance to contracted timetables.
_________________________________________________________________________________
7 Audit Scotland received 39 complete responses for the questions regarding performance to timetable, and 38 complete responses for the questions regarding performance to contracted price.