• PPPs are still a rort

    From Rich80105@21:1/5 to All on Sun Feb 16 10:36:30 2025
    https://norightturn.blogspot.com/2025/02/ppps-are-still-rort.html

    With the established history of such rorts, it should be required that
    a contingency reserve be established in the government books for the
    clean-up costs after every PPP.

    The reason for using them is also clear - they deliver a return on
    investment to some political donors, and 'corporate friends' . . .

    It was no surprise to many that the most successful large project
    undertaken by the Key Government was the restoration of SH1 and rail
    from Kaikoura north following an earthquake - the need to get it fixed
    urgently led to management similar to a Ministry of Works project - professionals working for the government as the major contractor using
    private sector experts and workers as necessary with contract
    revisions worked out as the work progressed, and with detailed
    solutions being worked out as work progressed, taking into account
    actual conditions as they were discovered.

    PPPs are known by subcontractors to be less trustworthy than local
    contractors, so costs tend to be higher at all levels.

    It would be disappointing if Labour were to continue such
    inefficiencies - generally Labour have better control on borrowing
    than National - it must have been galling to National when Bill
    English had to acknowledge how well the previous Labour government had
    managed our capital position when he was trying to borrow more money
    when the Global financial crisis hit shortly after the election when
    Key was elected.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Tony@21:1/5 to Rich80105@hotmail.com on Sat Feb 15 23:27:24 2025
    Rich80105 <Rich80105@hotmail.com> wrote: >https://norightturn.blogspot.com/2025/02/ppps-are-still-rort.html
    Left wing bias at its worst. Just rhetoric, no substance.

    With the established history of such rorts, it should be required that
    a contingency reserve be established in the government books for the
    clean-up costs after every PPP.
    Most PPPs work well here and overseas, because they are inherently efficient.

    The reason for using them is also clear - they deliver a return on
    investment to some political donors, and 'corporate friends' . . .
    A lie.

    It was no surprise to many that the most successful large project
    undertaken by the Key Government was the restoration of SH1 and rail
    from Kaikoura north following an earthquake - the need to get it fixed >urgently led to management similar to a Ministry of Works project - >professionals working for the government as the major contractor using >private sector experts and workers as necessary with contract
    revisions worked out as the work progressed, and with detailed
    solutions being worked out as work progressed, taking into account
    actual conditions as they were discovered.
    Nonsense.

    PPPs are known by subcontractors to be less trustworthy than local >contractors, so costs tend to be higher at all levels.
    Prove it, baseless nonsense.

    It would be disappointing if Labour were to continue such
    inefficiencies - generally Labour have better control on borrowing
    than National - it must have been galling to National when Bill
    English had to acknowledge how well the previous Labour government had >managed our capital position when he was trying to borrow more money
    when the Global financial crisis hit shortly after the election when
    Key was elected.
    PPPs are efficient, fair and smart for economies like ours.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Rich80105@21:1/5 to lizandtony@orcon.net.nz on Sun Feb 16 16:25:48 2025
    On Sat, 15 Feb 2025 23:27:24 -0000 (UTC), Tony
    <lizandtony@orcon.net.nz> wrote:

    Rich80105 <Rich80105@hotmail.com> wrote: >>https://norightturn.blogspot.com/2025/02/ppps-are-still-rort.html
    Left wing bias at its worst. Just rhetoric, no substance.

    With the established history of such rorts, it should be required that
    a contingency reserve be established in the government books for the >>clean-up costs after every PPP.
    Most PPPs work well here and overseas, because they are inherently efficient.

    From the article above: https://www.rnz.co.nz/news/national/536920/nzta-settles-high-court-battle-with-transmission-gully-builder
    and https://schoolsweek.co.uk/pfi-disputes-erupt-as-contracts-near-expiry-dates/ and https://www.rnz.co.nz/news/national/517725/2-billion-bill-to-rescue-courthouses-leaves-officials-considering-ppps
    and https://www.rnz.co.nz/news/political/521556/government-may-consider-using-ppps-to-build-defence-force-infrastructure



    The reason for using them is also clear - they deliver a return on >>investment to some political donors, and 'corporate friends' . . .
    A lie.
    So where is your evidence?


    It was no surprise to many that the most successful large project >>undertaken by the Key Government was the restoration of SH1 and rail
    from Kaikoura north following an earthquake - the need to get it fixed >>urgently led to management similar to a Ministry of Works project - >>professionals working for the government as the major contractor using >>private sector experts and workers as necessary with contract
    revisions worked out as the work progressed, and with detailed
    solutions being worked out as work progressed, taking into account
    actual conditions as they were discovered.
    Nonsense.
    So where is your evidence?


    PPPs are known by subcontractors to be less trustworthy than local >>contractors, so costs tend to be higher at all levels.
    Prove it, baseless nonsense.
    A number of local contractors did not tender for Transmission Gully
    work - they were concerned that the structure was likely to end in
    court proceedings, with the possibility of losing a contract part way
    through. The actual consortium was a shallow structure that had
    little behind it; it borrowed at higher rates than the government
    could have borrowed - New Zealand paid higher costs so the government
    could pretend that they would not have had to step in if anything
    major went wrong - the consortium would have walked away.

    It would be disappointing if Labour were to continue such
    inefficiencies - generally Labour have better control on borrowing
    than National - it must have been galling to National when Bill
    English had to acknowledge how well the previous Labour government had >>managed our capital position when he was trying to borrow more money
    when the Global financial crisis hit shortly after the election when
    Key was elected.
    PPPs are efficient, fair and smart for economies like ours.
    They are efficient at delivering higher profits to contracting
    companies, at a higher overall expense to government. They are not
    smart for our government.

    So where is your evidence for the assertions you have made, Tony?

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Tony@21:1/5 to Rich80105@hotmail.com on Sun Feb 16 06:07:57 2025
    Rich80105 <Rich80105@hotmail.com> wrote:
    On Sat, 15 Feb 2025 23:27:24 -0000 (UTC), Tony
    <lizandtony@orcon.net.nz> wrote:

    Rich80105 <Rich80105@hotmail.com> wrote: >>>https://norightturn.blogspot.com/2025/02/ppps-are-still-rort.html
    Left wing bias at its worst. Just rhetoric, no substance.

    With the established history of such rorts, it should be required that
    a contingency reserve be established in the government books for the >>>clean-up costs after every PPP.
    Most PPPs work well here and overseas, because they are inherently efficient.

    From the article above: >https://www.rnz.co.nz/news/national/536920/nzta-settles-high-court-battle-with-transmission-gully-builder
    and >https://schoolsweek.co.uk/pfi-disputes-erupt-as-contracts-near-expiry-dates/ >and >https://www.rnz.co.nz/news/national/517725/2-billion-bill-to-rescue-courthouses-leaves-officials-considering-ppps
    and >https://www.rnz.co.nz/news/political/521556/government-may-consider-using-ppps-to-build-defence-force-infrastructure



    The reason for using them is also clear - they deliver a return on >>>investment to some political donors, and 'corporate friends' . . .
    A lie.
    So where is your evidence?
    No it doesn't work like that. You provide evidence of your statement, otherwise it is a lie.


    It was no surprise to many that the most successful large project >>>undertaken by the Key Government was the restoration of SH1 and rail
    from Kaikoura north following an earthquake - the need to get it fixed >>>urgently led to management similar to a Ministry of Works project - >>>professionals working for the government as the major contractor using >>>private sector experts and workers as necessary with contract
    revisions worked out as the work progressed, and with detailed
    solutions being worked out as work progressed, taking into account
    actual conditions as they were discovered.
    Nonsense.
    So where is your evidence?
    As above, you show how you are correct.


    PPPs are known by subcontractors to be less trustworthy than local >>>contractors, so costs tend to be higher at all levels.
    Prove it, baseless nonsense.
    A number of local contractors did not tender for Transmission Gully
    work - they were concerned that the structure was likely to end in
    court proceedings, with the possibility of losing a contract part way >through. The actual consortium was a shallow structure that had
    little behind it; it borrowed at higher rates than the government
    could have borrowed - New Zealand paid higher costs so the government
    could pretend that they would not have had to step in if anything
    major went wrong - the consortium would have walked away.
    Evidence?

    It would be disappointing if Labour were to continue such
    inefficiencies - generally Labour have better control on borrowing
    than National - it must have been galling to National when Bill
    English had to acknowledge how well the previous Labour government had >>>managed our capital position when he was trying to borrow more money
    when the Global financial crisis hit shortly after the election when
    Key was elected.
    PPPs are efficient, fair and smart for economies like ours.
    They are efficient at delivering higher profits to contracting
    companies, at a higher overall expense to government. They are not
    smart for our government.
    Nonsense.

    So where is your evidence for the assertions you have made, Tony?
    When you provide some evidenc I will consider but not until you do. Your entire post is unsupported innuendo, and political rhetoric.

    It reminds me of your equally ignorant complaint about transfer pricing, just another topic that you do not understand but gleefully spout nonsense about courtesy your political masters.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)