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Finance Committee announces investigation Print E-mail
Thursday, 27 September 2007

The Finance Committee announced an investigation into funding methods for public sector capital investment projects today.

The Committee will investigate various funding models including traditional procurement, and the controversial private-public partnerships to ensure that projects are cost effective and deliver first rate public services.

The Committee plans to hold a series of hearings in the beginning of 2008 and is encouraging the submission of written evidence by interested parties. The deadline for written evidence is Friday 7 December 2007.

Launching the inquiry, Committee Convener, Andrew Welsh MSP said:

"The Scottish Government is considering how it might improve capital project procurement and has announced that it is developing proposals for a Scottish Futures Trust.

"With increasing political focus on the way in which major projects like schools, hospitals and roads are funded, it is clear that the way our public infrastructure is paid for is hugely important, both to people who use the facilities and services it provides, and to present and future taxpayers.

"Our Committee will consider how policy can be developed to ensure that capital investment is managed in a way which is cost-effective and sustainable and secures the best quality services for the public.

"We welcome views on how public capital investment should be funded from anyone interested in the subject. We are especially keen to hear from companies, advisers and public bodies who have been involved in public sector capital investment and communities and individuals with experience of particular projects."

 

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Last Updated ( Thursday, 27 September 2007 )
 

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