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Financial strategy and private finance initiative - for iPad/Mac/PC
The Open University
30 episodes
9 months ago
Does a hospital have to be owned and managed by the same sector that provides its services? In the early 1990s, the Private Finance Initiative was the Treasury's brainwave to provide the public sector with better value for money. Designed to fund public infrastructure such as hospitals, roads and accommodation through private money from consortiums, these contentious schemes indicated a radical cultural shift towards outsourcing. The 13 video tracks in this album introduce the complexities involved in project financing from both public and private perspectives and feature case studies on Calderdale hospital in Halifax and Altcourse Prison in Fazakerly. The audio track examines the PFI and asks whether it provides a good deal for the public or if it's another profit-making venture for the private sector. This material forms part of The Open University course B821 Financial strategy.
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Does a hospital have to be owned and managed by the same sector that provides its services? In the early 1990s, the Private Finance Initiative was the Treasury's brainwave to provide the public sector with better value for money. Designed to fund public infrastructure such as hospitals, roads and accommodation through private money from consortiums, these contentious schemes indicated a radical cultural shift towards outsourcing. The 13 video tracks in this album introduce the complexities involved in project financing from both public and private perspectives and feature case studies on Calderdale hospital in Halifax and Altcourse Prison in Fazakerly. The audio track examines the PFI and asks whether it provides a good deal for the public or if it's another profit-making venture for the private sector. This material forms part of The Open University course B821 Financial strategy.
Show more...
Courses
Education
Episodes (15/30)
Financial strategy and private finance initiative - for iPad/Mac/PC
Financial Strategy
An introduction to this album.
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16 years ago
1 minute 16 seconds

Financial strategy and private finance initiative - for iPad/Mac/PC
PFI - an introduction
Culture shift: using private finance to fund public projects.
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16 years ago
3 minutes 47 seconds

Financial strategy and private finance initiative - for iPad/Mac/PC
Why PFI?
Comparing the Private Finance Initiative with financing through the public sector.
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16 years ago
6 minutes 31 seconds

Financial strategy and private finance initiative - for iPad/Mac/PC
The public sector
Choosing the PFI route means Calderdale NHS Trust can finally have a new hospital.
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16 years ago
3 minutes 18 seconds

Financial strategy and private finance initiative - for iPad/Mac/PC
Proving a PFI will work
Calderdale's decision-making process for choosing PFI
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16 years ago
2 minutes 13 seconds

Financial strategy and private finance initiative - for iPad/Mac/PC
Risk and money
A look at how the monetary risks inherent in a PFI project are calculated and managed.
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16 years ago
9 minutes 31 seconds

Financial strategy and private finance initiative - for iPad/Mac/PC
Contract negotiation
Dawn Stephenson and Haydn Cook discuss their experiences of securing a PFI deal for Calderdale hospital.
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16 years ago
2 minutes 3 seconds

Financial strategy and private finance initiative - for iPad/Mac/PC
Calderdale hospital
From securing the funding to completing the construction of PFI-funded Calderdale Hospital.
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16 years ago
4 minutes 11 seconds

Financial strategy and private finance initiative - for iPad/Mac/PC
Calderdale: preparing the bid
Members of the Calderdale NHS trust and the private consortium discuss the affordability of the new hospital.
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16 years ago
2 minutes 27 seconds

Financial strategy and private finance initiative - for iPad/Mac/PC
Calderdale: merging trusts
How the merging of Calderdale and Huddersfield NHS trusts affected the PFI scheme for Calderdale hospital.
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16 years ago
2 minutes 9 seconds

Financial strategy and private finance initiative - for iPad/Mac/PC
The cost of PFI
A look at the controversy in refinancing PFI projects.
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16 years ago
3 minutes 26 seconds

Financial strategy and private finance initiative - for iPad/Mac/PC
Refinancing: altcourse prison
The gains to be made from re-organising financing.
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16 years ago
3 minutes 44 seconds

Financial strategy and private finance initiative - for iPad/Mac/PC
The voluntary code
The introduction of the voluntary code, brought in by the National Audit Office .
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16 years ago
3 minutes 45 seconds

Financial strategy and private finance initiative - for iPad/Mac/PC
Do PFI's work?
What is important for a PFI to succeed?
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16 years ago
2 minutes 15 seconds

Financial strategy and private finance initiative - for iPad/Mac/PC
Are PFI's a good deal?
Malcolm Prowle explores PFI schemes for projects in the UK and abroad.
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16 years ago
11 minutes 57 seconds

Financial strategy and private finance initiative - for iPad/Mac/PC
Does a hospital have to be owned and managed by the same sector that provides its services? In the early 1990s, the Private Finance Initiative was the Treasury's brainwave to provide the public sector with better value for money. Designed to fund public infrastructure such as hospitals, roads and accommodation through private money from consortiums, these contentious schemes indicated a radical cultural shift towards outsourcing. The 13 video tracks in this album introduce the complexities involved in project financing from both public and private perspectives and feature case studies on Calderdale hospital in Halifax and Altcourse Prison in Fazakerly. The audio track examines the PFI and asks whether it provides a good deal for the public or if it's another profit-making venture for the private sector. This material forms part of The Open University course B821 Financial strategy.