BT unveils 500 million pounds sterling Egan masterplan

Article Abstract:

FM Solutions General Manager Les Clarke confirmed BT would be changing its procedures regarding construction procurement, worth some 500 million pounds sterling. He foresees some employees would no longer have a role in the new system and may be made redundant or found another job. Clarke pointed out the old system of procurement was failing because work was often given to the lowest bidder regardless of quality. It also led to BT making bad relationships with their suppliers. The 'Project Jaguar' scheme is based on ideas put forward by Sir John Egan in his report 'Rethinking Construction.'

Telecommunications services industry, Telecommunications industry, Reports, British Telecommunications PLC, Business consultants, Management consultants, Real estate management firms, Egan, John L. (English executive), FM Solutions

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New era for PFI hospitals

Article Abstract:

The UK government has opened the way for the construction of many long awaited hospitals, with the adoption of funding by private finance initiatives (PFI). Construction company Laing and the government closed the deal for a 214 million pound hospital in Norwich in Jan 1998. A further 18 hospital contracts are expected to be agreed by the end of 1998. A government agency has been established to analyse PFI and make the process easier. Private contractors are hoping to become more involved in the provision of clinical facilities, such as hospital management and records.

Finance, Public contracts, Government contracts, Laing Civil Engineering

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Longley confident in PFI gamble

Article Abstract:

Robert Longley of the UK building contractor James Longley believes that his company's investment in Private Finance Initiative (PFI) projects will pay off. James Longley has paid around 500,000 pounds sterling to bid for a number of PFI projects that have not yet been agreed. Longley is confident that business valuing 28 million pounds sterling will eventually be awarded to the company. He criticises the inefficiency of the National Health Service's tendering process and wants to see the PFI selection process improved.

Investments, Interview, James Longley and Company Ltd., Robert Longley

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