3 ms·
This is why the UK is so broke. Corrupt government procurement procedures. Departments overpay like this for various reasons, having to spend the whole budget i
by JonnieCache 16y ago
This is why the UK is so broke. Corrupt government procurement procedures. Departments overpay like this for various reasons, having to spend the whole budget is a good one. The UK is very corrupt, but our establishment is very good at hiding it and making it all legitimate. Look up some data about Private Finance Initiatives if you want to be really shocked, a £550 favicon is nothing compared to the billions that have been taken from us. http://www.guardian.co.uk/news/datablog/2010/nov/24/pfi-nhs http://www.guardian.co.uk/news/datablog/2010/nov/24/pfi-nhs
In many of these cases, the procurement procedure is ITSELF contracted out to a third company that will charge a "procurement fee" as a percentage of the value of the final contract. Obviously this incentivises them to pick the most expensive supplier.
I'm trying to find a source but coming up short, google gives me pages and pages of worthless drek from the government websites themselves. I'll try to edit in a link later.