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Because, the government claims, private companies are more efficient than the public sector, PFI schemes cost less.
But, really, don't such schemes cost the exchequer and, by extension, us poor saps who daily bust our humps for the proverbial Uncle Sugar?
As the independent World Commission on Dams found, such big, complex schemes cost far more but produce less energy than expected.
Pyramid schemes cost British consumers about £420m a year but just one per cent of victims, who lose on average £930 each, report the fraud to the authorities.
Written with complete command of archival source material by the architectural historian Eileen Harris, this minutely detailed study of 19 Adam houses in town and country is replete with the staggering sums his luxurious decorating schemes cost, as well as the names of the small army of artisans who executed them.
WASHINGTON — Attorney General Eric H. Holder Jr. announced the results on Monday of a crackdown on financial fraud that he said resulted in more than 100 criminal convictions of people whose schemes cost about 120,000 victims more than $8 billion in losses.
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Overall, Cochrane says, there are restoration schemes costing £60m, from the Cotswolds to the Mersey.
January: PFA head Gordon Taylor defending players using legal tax avoidance schemes, costing the Treasury £100m.
The review, "PFI: strengthening long-term partnerships", endorses the principle of public/private funding and promises to expand it across a further 200 schemes costing £26bn.
It includes nearly £2m for a Llangefni Link Road on Anglesey and major road schemes costing around £1.3m each in Carmarthen, Ceredigion, and Swansea.
The indictment does not specify how much the scheme cost purchasers of industrial diamonds.
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