Thursday, 3 January 2008

Wayne David MP Caerphilly

This contract will be the largest PFI/PPP project ever undertaken by the Ministry of Defence and will be the largest partnering arrangement ever undertaken in the UK. A Private Finance Initiative (PFI) for DTR in simplistic terms means that the winning consortia will effectively own all of the real estate and services for training for the next 25 years. For this they will be paid an annual sum,and must, by law, make a profit for their shareholders. The contract is worth £19 billion

The governments record on such projects is poor - the audit commissions report on Qinetiq- the privatisation of the railways. This will be a disaster and already half the package has gone down the drain whuch Wayne David doesn't mention

PCS called on the MoD to see sense and halt the privatisation of the other half of defence training which includes technical and mechanical training. The union warned that pushing ahead with remaining half of defence training would represent poor value for money and lead to a loss of knowledge and experience as staff would refuse to relocate to the new training base in South Wales

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