New Development: The PFI: Scotland's Plan for Expansion and its Implications
Posted: 17 Oct 2007
Abstract
The public expenditure implications of PFI projects in Scotland's NHS are substantial. This article compares PFI capital expenditure with projected unitary charges, examines the annual cost of existing PFI schemes and looks at future costs arising from the planned expansion of PFI. Unless the new Scottish National Party-led administration applies the breaks, the annual cost of PFI to Scotland's NHS is to increase almost five-fold, from £107.1 million in 2005/06 to £500 million by the early part of the next decade.
Suggested Citation: Suggested Citation
Hellowell, Mark and Pollock, Allyson M., New Development: The PFI: Scotland's Plan for Expansion and its Implications. Public Money & Management, Vol. 27, No. 5, pp. 351-354, November 2007, Available at SSRN: https://ssrn.com/abstract=1021856 or http://dx.doi.org/10.1111/j.1467-9302.2007.00607.x
Feedback
Feedback to SSRN
If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday.