Tuesday, 3 July 2012
Public-Private Partnerships are very contentious in part because bad book-keeping was the original reason for them. Check this out for more info.
Now the rationale is that private entities are just better at securing financial capital and industrial capital than inefficient public administrators.
In our city, the mayor has championed them. Unfortunately, he went on to oppose Provincial P3 Accountability legislation.
A city report is now saying that the P3 deal will save Winnipeg $1.5 million. Is P3 procurmenet so stupendously more efficient than traditional procurement or is the city government being overly-optimistic? Time shall tell.