Podcast Location:
Download it here [file size: 18.6 MB]
Categories:
Corporate & Commercial Law
Procurement & Outsourcing
Governance & Service Provision
CPD Points:
Up to 1 point. details »

Due to the difference in guidelines between the SRA and the Bar Standards Board, CPD points are awarded differently for Solicitors, Barristers and Legal Executives:

Regulated by the Solicitors Regulation Authority:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)

Regulated by the Bar Standards Board:
Listen and pass the quiz: Gain 1 accredited CPD point (60 minutes)

Regulated by ILEX:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)

Cost:
  • FREE
Length:
30 minutes of audio
(+ optional 5 minute online quiz)
Plays on Computer:
Yes Downloadable as MP3:    Yes
Contributor(s):
Course Aims:

This podcast continues to analyse some of the reasons why PFI initiatives run into difficulty using a practical example from the speaker's own experience. It also hopes to outline some of the difficulties of re-tendering the project to the market following termination and the importance of reliable short to medium term financial projections.

Outcomes:
After completing the course you will:
  • Have understood the Neath Port Talbot case and the reasons for the failure for that PFI initiative;
  • Be aware of the difficulties for the public sector in terminating and re-tendering a PFI agreement to the market;
  • Understand the argument against the further expansion of PFI as a means of public service delivery.
Level:
Intermediate Difficulty: 3 of 5
Classification:
Case Update
Legal Principles
Sources and References:
  • There are no relevant citations for this podcast.

In this two part CPDcast mini series, Stephen Davies QC analyses the relationship between the public and private sectors' delivery of public services known as PFI.

Part 2 of the podcast will continue to analyse the tension between the interests of the public and private sectors when a PFI project becomes unworkable and the causes for such breakdown. Stephen Davies QC also addresses the issue of termination of the PFI agreement which often results in a windfall for the private sector at the expense of the public purse.

Podcast added: 14/12/09

Podcast last reviewed: 2011-05-27

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