At a glance
We looked for a clearly defined business case, to explain how DET had chosen the PFP approach. We found that DET: ■ clearly defined its requirements from the outset. Its objectives included a faster supply of schools, possible cost savings, innovation and simplified services management ■ presented a persuasive case that the proposed project was likely to provide value for money when compared to other options, although this was not supported by comprehensive financial and economic analysis of all the alternatives ■ established that the project was likely to be affordable, but new schools were only advanced one or two years earlier than would otherwise have been expected ■ identified the allocation of risks between the public and private sectors most likely to deliver better value for money ■ scoped the project to maximise its prospects of achieving value for money. But we also found that the process involved a number of changes made to the lists of schools as detailed planning and negotiation progressed.
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