000 01320naa a2200169uu 4500
001 6012616272017
003 OSt
005 20190211160623.0
008 060126s2006 xx ||||gr |0|| 0 eng d
100 1 _aSHAOUL, Jean
_920390
245 1 0 _aA Financial Appraisal of the London Underground Public-Private Partnership
260 _aOxford :
_bBlackwell Publishing,
_cApril-June 2002
520 3 _aThis article examines whether the Government's policy of Public-Private Partnerships (PPP) in the context of London Underground is likely to satisfy the financial criteria for approving a partnership proposal: value for money (VFM), including risk transfer, and affordability. After analysing the implications of the Underground's cost structure for the PPP, the author looks at the methodology for appraising the PPP. She concludes that the methodology cannot be relied upon to provide a sound decision-making tool for London Underground. She demonstrates that the London Underground project is not affordable, and questions the appropriateness of the partnership policy in the context of vital capital-intensive industries
773 0 8 _tPublic Money & Management
_g22, 2, p. 53-60
_dOxford : Blackwell Publishing, April-June 2002
_xISSN 0954-0962
_w
942 _cS
998 _a20060126
_b1627^b
_cAnaluiza
999 _aConvertido do Formato PHL
_bPHL2MARC21 1.1
_c14733
_d14733
041 _aeng