Percy Thomas blames PFI for debts

Article Abstract:

Architectural firm Percy Thomas Partnership believes that it has been negatively affected by the UK government's private finance initiative (PFI). It has experienced delays to five PFI hospital schemes, and now has debts of more than 2.5 million pounds sterling. It has applied for a company voluntary arrangement, and this may allow it to continue to trade, with creditors receiving 15% of what they are owed. It believes that it has lost 100,000 pounds sterling a month since Mar 1997 as a result of the failure of its clients to sign PFI contracts.

Finance, Percy Thomas Partnership

---

Architect may sue council over bridge

Article Abstract:

Westminster City Council may be sued for breach of copyright by architectural firm Lifschutz Davidson. The firm disputes the view that the council owns the copyright for the design for Hungerford Bridge over the River Thames in London, England. The council now plans to use a new team of consultants, and the project will be let as a form of design and build contract. An architect will act as the client's consultant, with responsibility for the work of the contractor on the design submitted by Lifschutz Davidson.

Planning, London, England, Buildings and facilities, Bridge construction, Lifschutz Davidson

---

Similar abstracts:

• Abstracts: A long wait for the rise of solar architecture. Architectural conservation: a bridge too far? Looking backwards to the future of architecture
• Abstracts: Should model homes be locked or unlocked? When it's time to sell your business. Are you undercapitalized?
• Abstracts: Healthy prospects for debt-free HLM. Outward bound. Blowing the whistle on the referee
• Abstracts: Fastforward Architecture: Leipzig 1989-96. Wow in Bilbao. Circus troupe
• Abstracts: Beating the ban. Art and power

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.