And that right was only obtained by taking on huge extra potential liabilities. Sincerely, Erwin Gianchandani Assistant Director That 20m would pay the wages of 800 nurses, or 200 GPs. Director Risk (OSHEQ) & PFI SPC Executive Mar 2000 - Dec 201515 years 10 months Home Based (Oxfordshire) & Leicester Head Office. NNUH was the first new NHS teaching hospital built in England for more than 30 years and the hospital trust is a partner with the University of East Anglia in the delivery of courses. 508/Bl. These initial tremors might be the canary in the coal mine. None of the firms involved in Octagon responded to our requests for comment. inaccuracy or intrusion, then please Yet there is also an aesthetic and functional brutalism with labyrinthine corridors and sunless, windowless rooms. Chairman of Imperial College Healthcare Sir Richard Sykes has previously pointed out that Barts Health is paying over 100m in interest a year before they see a single patient. The Trust is taking a range of measures to deal with this hugely challenging deficit; careful cost control, service redesign, and reducing an overall pay bill that accounts for 60 per cent of our budget. False information has been spread by thousands of people on Facebook, wrongly linking the Blairs to the company behind the PFI contract at the NNUH. Banking leviathan HSBC also has a stake in PFI hospitals. Press Association corrects error in reporting on research for prostate cancer test. Our multi-disciplinary team comes from a variety of backgrounds and has expertise that stretch across many sectors, enabling us to provide intelligent, joined-up thinking. The subsequent report says the refinancing deal was 'lining investors' pockets' and putting the trust at increased financial risk. Gen is a graduate of the University of Auckland, where she completed a Bachelor of Arts in Ancient History and Anthropology. You deserve better. What you will be doing. Office Admin Team Interim Executive Director- Kay Guiredirector.pfi@vcn.com Office Manager manager.pfi@vcn.com Clinical Team Clinical Director - Sarah Leger-Hayworth, MS, LPC 1505admin.pfi@vcn.com Counselor - Leslie Mashak MS, LPCleslie.pfi@vcn.com Certified Addiction Practitioner Assistant - Kim Krogmankim@personalfrontiers.org Case Manager/Forensic Peer Specialist - Autumn Rosenau, BAautumn . On the contrary, the Naylor Review a report recommending the disposal of NHS land and assets to generate investment is rehabilitating PPP. This was true as of the year 2017-2018, with payment charge for that year recorded as 59 million. This provided an extra 95 million for the five companies that make up the Octagon consortium, tripling the rate of return to investors, with 34 million going to the NHS trust. Profit warnings have been issued for other government contractors, such as Interserve. A Department of Health spokesperson said: 'We provide advice and consultancy on PFIs to individual trusts across the country, making savings on their current contracts.'. To save the NHS we must go forward to a workers government. All Simon Woodhams Craig Peirce Ewan Cameron Sarah Beale Anthony Beverley David Thomson Greg Reidy Beyond seemingly populist rhetoric, the real story of PFI reveals that RBS alongside other global banks, notably HSBC, were instrumental in what Sir Howard has effectively labelled a great heist. 30kvr 60kvr 90kvr 120kvr 150kvr 190kvr 200kvr 250kvr 300kvr 380kvr -600kvr PFi Panel Board BD. Nirali has completed a Bachelor of Commerce and Property conjoint degree from the University of Auckland and is a Chartered Accountant. Semperian Executive Emma Lancaster Managing Director of Assurance Services Becky Brunt Managing Director of Business Support Alan Birch Chief Executive Officer Andrew Rhodes Deputy Chief Executive Jonathan Simpson Chief Finance Officer Gary Brown Chief Operating Officer Richard Little Chief Investment Officer Colin Anderson Group Counsel 'This is what it was all about at the beginning,' he said. Corporate and commercial. Director - PFI Advisory. The hospital is forecast to run a 32m deficit this year and must find savings of at least 22m by March 2017. Guess who two of the Company Directors are = Tony and Cherie Blair ! All 100%. It means Octagon's turnover is increasing every year. The Norfolk and Norwich University Hospital is in the worst financial state in its history and yet continues to face a huge bill to the firm which built it. All investments involve risk, including the possible loss of capital. Browse and apply for the Consulting jobs at Arcadis Luke is responsible for property management at PFI. Up and down the country, this is the slick, corporate sheen of PFI hospitals. As Alan Milburn the former Labour Health Secretary described by Private Eye as an almost maniacal convert to PFI put it: Its PFI or bust.. [20] The inspection report stated "People who use the service can be assured that they will be provided with respect, dignity and privacy by the staff during their stay in hospital. Whats more, PFI payments have been indexed higher with each successive year regardless of a hospitals revenue. Sarah works with all parts of the company on a variety of matters including sustainability, risk management, compliance, and company secretarial. PFIs are complex, financial instruments and the answers to how they might be brought to heel or cancelled need to be carefully thought out. Madeline Serpico US Chief Executive Officer-Multinational Clients. The hospital's hands are closely bound when it comes to making 22m of cuts this financial year and getting closer to budget. The way out of the PFI crisis for the government and the management of the Norfolk and Norwich is to attack the workforce and to attack patient care. [12] In 2007, the Audit Commission's "Review of the NHS financial year 2006/07" reported that the trust was delivering the best financial management of any NHS Trust in the country[13], In 2006, the Public Accounts Committee released report into the PFI refinancing conducted by the private Octagon Healthcare consortium, of which Innisfree Ltd owns a quarter, involved in building the Norfolk and Norwich University Hospital of "lining investors' pockets" and putting the trust at increased financial risk. Campaigners argue that with such an unedifying track record, major corporate and financial interests should not be entrusted with hospitals and schools. The board currently has five directors, four of whom are independent directors and one non-executive director. The way to do this is for all health workers to demand that their unions stop all the job and bed cuts and the ward and hospital closures with industrial action to bring down the Blair government, the sponsor and protector of the PFI and private sector bandits. Director since 2012, last re-elected May 2021. SPIN is a good thing, she does not say from government, just mixed messaging. Director, PFI and PVC (since 2023) Trustee, PDSRA and PETF (since 2023) . A cornerstone of the cultural scene in Ames since 1966, the Octagon serves more than 30,000 people each year through art classes and outreach, rotating exhibits, a retail gallery shop, and the annual Octagon . Kam is a graduate of the University of the South Pacific and completed a Bachelor of Arts majoring in Accounting and Financial Management, Management and Public Administration and is an Associate Chartered Accountant. Nick works with both the Finance and Property teams on a wide variety of analytical tasks, including budgeting / forecasting and valuations, as well as assisting with the execution of projects and transactions. Sure enough, there is some evidence of the tide turning. She has been acting as the CVM's director since Steven M. Solomon's retirement in December 2022. Before joining PFI, she worked with the MacArthur Foundation as Country Director where she was responsible for the Foundation's grants in India. I wanted to ignore them, dismiss them as conspiracy theorists, but surely the renewed interest in an old article and these emails were linked? Craig has nearly two decades of property industry experience, having previously spent six years in London working in property funds management at LaSalle Investment Management and General Electric Real Estate. Thanks to Bytemark for donating our web hosting. The London Underground public-private partnership saw the bankruptcy of private company Metronet, with the Government forced to step in and bring the upgrade back into public hands. This meant the hospital had no right to receive any proceeds from the refinancing at all, let alone the 29% share it eventually secured. Director of Refinitiv, a privately-held global provider of financial market data and infrastructure until its acquisition by the London Stock Exchange Group in January 2021. At the end of the contract, ownership of the hospital will pass to the NHS. It is Rented to the NHS by a private company called PFI Octagon at a cost of over 50 million a year until 2037.Guess who two of the Company Directors are = Tony and Cherie Blair !. Ethical Sales and Marketing This is not some exceptional example of the unacceptable face of capitalism. Prior to joining PFI, Tom spent time working in various Analyst roles at Turners Group and Heartland Bank; most recently coming from a gap year working in Japan. Rodrigo is responsible for the asset management of a portfolio of PFIs properties as well as major capital projects within the portfolio. Jeremy Corbyn hailed the potential halt of the Lendlease scheme as a victory for municipal socialism, with top-down progressive leadership combining with bottom-up local campaigning to deliver a rare victory for citizens over what are often deemed to be unaccountable corporate interests. Starting salary from 53,353 per annum, dependant on skills and experience, with an annual Posted 7 days ago Director of Estates and Facilities Royal Cornwall Hospitals NHS Trust 3.6 Truro Permanent Philip Green, the long-serving chairman, is named, as are Alison Horner (once head of Tesco's Asia division), Andrew Dougal and Ceri Powell. The fees paid by the Trust are partly rent for the buildings, interest on its loan and partly fees for services such as cleaning, maintenance and gardening. Norwich South MP Clive Lewis. The Blairs are not and have never been directors of Octagon Healthcare, the company responsible for the PFI. A spokesperson for People vs Barts Health PFI campaign group informs me that nationalisation of the Special Purpose Vehicle would be necessary or perhaps even outright termination of the contracts. You deserve better. The hospital trust can terminate the PFI deal with Octagon in either 2037, 2042 or 2052. Various executives from big banks. The earliest post I could find was from May 4 at 6pm from someone called Bob Hunt who mainly posts about Brexit and Muslims on his page. The hospital estimates the deal is costing it an extra 20m a year than a non-PFI deal. Pamela works closely with the Property team and other members of the Finance team of PFI. At the end of the contract, ownership of the hospital will pass to the NHS. As a subscriber, you are shown 80% less display advertising when reading our articles. 1158683) and a non-profit company (no. The Norfolk and Norwich was one of the first hospitals to sign PFI contracts, only to see Octagon refinance the project, increasing its borrowing from 200 million to 306 million. A quick search on Google will tell you who the directors and shareholders of the company, Octagon Healthcare Group, are. District 1 (Northwest): Ken Wise, 3566 280th St., Lytton, lA 50561-7574. The estimated additional pay is $34,101 per year. The finance director will support the finance department's growth and day-to-day activities by: This site is part of Newsquest's audited local newspaper network. Constantin H. Beier . (712) 466-2473. The Norfolk and Norwich University Hospital was built under the Private Finance Initiative (PFI), and opened in late 2001: it has 1237 acute beds and offers a wide range of NHS acute health services plus private patient facilities. Our verdict The hospital was built using a PFI. The proposed variation to the PFI contract is to . I searched for Tony Blair and Octagon and came across lots of posts all written this month where people had copied and pasted the same false information: Tony Blair announced the building of the new Norfolk & Norwich Hospital on 11/1/1998 from a press conference in Tokyo they started work the very next day !!! Intriguingly, PFI hospitals have been designed with significant numbers of individual rooms as opposed to conventional wards. After all, while there have been exceptional cases in which hospitals have bought out PFI contracts this is not feasible for larger PFI deals, such as that involving Barts Health, without the backing of government. Far from being the unacceptable face of capitalism, this is just finance capital at work, the real face of capitalism, exploiting health care as a commodity to be bought and sold, and gearing up for a completely privatised NHS. The total bill for NHS PFI hospitals is ultimately projected to rise above 79bn, way in excess of original build costs of 11.4bn. Then at 8pm someone copied and posted the same false information which Mr Hunt had written and it rapidly spread. The Norfolk and Norwich University Hospital. The N&N, which is in financial special measures, estimates it is paying Octagon 57m this year. Karen O'Donnell Client Director-PFI & Infrastructure Team. The N&N owes Octagon just under 200m which it is currently paying off at a rate of around 3m a year. She is a graduate of Auckland University of Technology where she completed her Bachelor of Laws Degree. Bad information ruins lives. Octagon Brazil. Ive been getting some weird emails recently. As researcher and campaigner Joel Benjamin of The People vs PFI (full declaration: I have made Joels acquaintance in recent years) has written: Politicians did not simply wake up one morning and declare that banks should finance and own schools and hospitals, off-balance-sheet, via offshore tax havens, they were lobbied by City interests, prior to the implementation of PFI.. Data returned from the Piano 'meterActive/meterExpired' callback event. (712) 458-2001. Simply centralising the debt might still mean taxpayers forking out billions as profits for PFI consortia. South London Healthcare Trust became the first NHS trust to go bust in the summer of 2012, having found itself on the hook for huge PFI costs. Provide Your Feedback on Law Firms. Photo: Archant, Norman Lamb, North Norfolk MP. The NHS is on its knees. ASSISTANT DIRECTOR OF ESTATES AND FACILITIES: FACILITIES MANAGEMENT*. There would still be plenty left over to cover the training of the next generation of surgeons and build 80 state-of-the-art hospitals. The post also claims that NNUH has paid over 50 million a year to rent the hospital, and this will continue until 2037. It promotes hate, damages peoples health, and hurts democracy. To put it into perspective, the PFI debt is four times the size of the budget deficit used to justify austerity. If you have a complaint about the editorial content which relates to Octagon reported a profit of 22,000 in 2010, which has risen every year since, soaring to a record 5m in 2015/16. As a result, only specific contractors are allowed to change or fix certain equipment or fittings, such as a plug socket or a light bulb. It hopes to pay Octagon off by 2037 the earliest opportunity it has to end the contract. She previously served as a director of Providence Health from 2019-2021, Noora Health from 2018-2021, YWCA of Nashville and Middle Tennessee from 2016-2022, and CARE from 2001-2013. . The hospital is currently in the worst financial state in its history. District I (Northwest): Ken Wise, 3S66 28oth St., Lytton, lA 50561-7574. May 8, 2020. THE Octagon private sector consortium has been branded the unacceptable face of capitalism by a House of Commons committee. 'The more patients we treat, the higher the PFI usage fee, on the basis that the services are used more intensively and the buildings require greater maintenance,' a spokesperson for the hospital explained. The unit is set to increase capacity at the Norfolk and Norwich University Hospital by 25pc.[8]. The consortium which financed NNUH is called Octagon Healthcare. Previously, Angela held a number of senior positions over a 10-year period with Foodstuffs Auckland and Foodstuffs North Island, most recently being General Manager Property Development for Foodstuffs North Island. But there is another way. Octagon is owned by three shareholders called Innisfree (which owns 36.84pc), 3i Infrastructure Seeds Assets Ltd (which also holds 36.84pc) and Semperian (which owns 26.32pc). Full-Time. Requires an industry partner. Notice Details. The Norfolk and Norwich University Hospital (NNUH) is a large National Health Service academic teaching hospital in the Norwich Research Park on the western outskirts of Norwich, England. 'When it was first proposed, Frank Dobson (the then health secretary) told us it was signed, sealed, delivered. Those ads you do see are predominantly from local businesses promoting local services. 06975984) limited by guarantee and registered in England and Wales. The new borrowing was at a lower rate of interest and over a longer period, leaving the hospital committed to lease payments for 39 years instead of the original 34, while Octagon increased its rate of return from 19 per cent to 60 per cent. Revealed: How shareholders of PFI firm are making millions from cash-strapped Norfolk and Norwich University Hospital Health By Tom Bristow The N&N under construction in July 2001 (l). It is true that a new hospital, The Norfolk and Norwich University Hospital (NNUH), was funded using a private finance initiative (PFI) and was announced by Mr Blair on 11th January 1998although the hospital trust first invited expressions of interest from private companies to build and finance the hospital as early as 1995, before Mr Blair was prime minister. The hospital is part of the Norfolk and Norwich University Hospitals NHS Foundation Trust. Nirali is currently on maternity leave until September 2023. Jodie joined PFI as Property Manager in 2012and was promoted to Asset Manager in 2020. The other paid out almost 7m to shareholders last year, has just reported a record profit, and turned over 42m last year. Board of Directors; Open Architecture; Collective Intelligence; Corporate Governance; Supplier Management; Menu Search. She has previously held roles in the property industry. The hospital was reportedly the biggest built using a PFI contract at the time. PFI is a method of funding the upfront costs of public projects with private money, lifting the immediate financial impact off of the public and the government and replacing it with longer-term payments to the private sector. Ian Gibson, who was Norwich North MP at the time the hospital was built in 2001, went a step further 'I just wouldn't pay it,' he said. Its glistening blue tower is emblematic of an ultra-modern 21st-century NHS. All directors are appointed by shareholders at PFI's annual meeting. @GMB. Dr. William Thornton, the first architect of the U.S. Capitol, designed the house and gave the growing federal city a grand home to help build Washington's reputation. The argument went that Labour had inherited public services in such a diabolical state of neglect that there was no alternative to the private financing of whole swathes of infrastructure. Prior to joining PFI, she held roles in hospitality, retail and travel. There have been 47 refinancings of hospital, school and other PFI projects up to the end of the last financial year. Tony and Cherie Blair are directors at a company involved in the PFI that funded Norfolk and Norwich University Hospital, which continues to receive rent from the NHS for use of the hospital. Maybe the press and reporters should start taking more responsibility for the mess ffs. Please click on the names below to learn more about the PFI team. Guiding and overseeing the survey on expiry Review of asset / service data provide by the SPV / PFI service provider/sSupporting future . All 100% Facts = Google them.. It promotes hate, damages peoples health, and hurts democracy. A PFI panel was set up by Chancellor Ken Clarke as early as 1993. Rodrigo joined PFI as Asset Manager in 2020 and was promoted to Asset and Development Manager is 2022. The new Neom city in Saudi Arabia has announced a floating industrial district that will house a hyperscale data center. The hospital opened in 2001 under a deal called a Private Finance Initiative (PFI). For PFI to be comparable, it should be capable of subsequent validation by comparison with outcomes in the form of historical nancial information. And why are they asking about it now? Do Rishi Sunaks claims about hospital discharge funding stack up? 2023 PFI Annual Conference; 2022 PFI Annual Conference; 2021 PFI Annual Conference; 2020 VirtuallyPFI Online Conference; 2019 PFI Annual Conference Photos There are currently over 700 PFI contracts and the bulk will start to expire from 2025. Pamela has completed a Bachelor of Commerce degree from the University of Auckland and is a Chartered Accountant. PFI is the voice of US pet food and treat makers and reports that its . Prior to this,Simon was General Manager of PFI from mid-2013, and prior to that, General Manager of Direct Property Fund (DPF) before PFI's merger with (DPF) in 2013, having joined McDougall Reidy & Co Limited as Development Manager in 2005. Various executives from big banks appeared on secondment. Photo: Stefan Rousseau/PA Wire (Image: The Press Association). [4] The Norfolk and Norwich University Hospitals NHS Foundation Trust pays the private PFI Octagon consortium in the region of 41 million a year. It is important that we continue to promote these adverts as our local businesses need as much support as possible during these challenging times. However, it is not true that Tony or Cherie Blair are, or have ever been, directors of the companies that make up the Octagon Healthcare Group. Today's report draws on a survey of public authorities managing PFI contracts, 2 who are largely local bodies such as NHS trusts and local authorities. In fact, this PFI consists of two schemes. Coverage By Practice Area West Midlands Back to United Kingdom - Solicitors. Under the PFI, a private sector consortium builds and maintains the building and then leases it back to the public sector. Inevitably, this raises pressing questions as to what kind of resolution might emerge when there are so many entangled vested interests. Craig is a graduate of Auckland University and is a Chartered Accountant, having trained as an auditor at PwC. 'Otherwise you are stuck with it for years and years.' Haringey Councils public-private partnership with construction and property giant Lendlease appears on the brink of collapse after Labours National Executive Committee intervened. Imagine being whipped into such a frenzy by a Facebook post, which you havent even bothered to check the accuracy of. Nirali joined PFI as Assistant Accountant in 2016. To look at it another way, a quick calculation reveals that the outstanding PFI payments would cover the pay for all the nurses, full-time consultants and GPs for 10 years. Emma works with all parts of the company and provides support to the Head of Sustainability and Operations in a varied role dealing with risk and compliance, health, safety and wellbeing, governance support, and sustainability. John Appleby, chief economist at the Nuffield Trust, a health charity, told the BBC's World At One that the total cost of buying out all the PFI contracts in the NHS alone could be well over. This figure may certainly prove to be questionable. Auckland, 1010. Norwich and Norfolk University Hospitals Foundation Trust pays Octagon for use of the hospital and some maintenance fees. According to our data, the highest paying job at Octagon is a VP of Human Resources at $145,000 annually while the lowest paying job at Octagon is an Account Coordinator at $12,000 annually. Lead the charge on the significant opportunities around PFI handbacks. He is not. . Director - PFI Advisory Aldwych Consulting Ltd London, England,. It hosts the Norwich GP speciality training scheme. The hospital under construction at Colney in 2001. "The PFI would like to congratulate Tracey Forfa on being named the new director of the FDA's CVM," said Dana Brooks, president and chief executive officer of PFI. The PFI contract was entered into on 8.1.1998 for a duration of 60 years at an estimated value of 144 000 000 GBP with Octagon. It received 3m from Octagon last year. Naturally, there are very serious concerns about jobs. The Octagon was a suitable home for a president. Norwich and Norfolk University Hospitals Foundation Trust pays Octagon for use of the hospital and some maintenance fees. The Blairs are not and have never been directors of Octagon Healthcare, the company responsible for the PFI. Jesus Soriano, Program Director, pfi@nsf.gov, (703) 292-7795 Katie Bratlie, Program Director, pfi@nsf.gov, (703) 292-2638 Samir Iqbal, Program Director, pfi@nsf.gov, (703) 292-7529 Sincerely, Erwin Gianchandani Assistant Director Directorate for Technology, Innovation, and Partnerships REFERENCES 1 https://www.nature.com/articles/d41586-021-03045-w All this has thrown up searching questions, not least around staff redundancies and pensions, bailouts, inflated dividends and executive remuneration. contact IPSO here, 2001-2023. [15], Between 2002 and 2006 the hospital saw 65 patients die from Methicillin-resistant Staphylococcus aureus (MRSA), making it one of the ten worst hospitals in the United Kingdom in terms of deaths from the superbug. contact IPSO here, 2001-2023. Shalini is a graduate of the University of the South Pacific having completed a double major Bachelor of Arts degree in Accounting & Financial Management and Economics. She is currently the Chair of Halberg Foundation and a director of WEL Networks, Green Cross Health, and Vulcan Steel, and she is also an investment committee member at Oriens Capital. This year. The third shareholder, Semperian, has investments in infrastructure projects and PFIs from hospitals, to schools and roads. However, it suggests that privately financed hospitals are potentially anticipating something else the expansion of private healthcare. Professor Pollock tells me that contracts have to be made transparent in order to be scrutinised. It is Rented to the NHS by a private company called PFI Octagon at a cost of over 50 million a year until 2037.Guess who two of the Company Directors are = Tony and Cherie Blair !. 'This does limit the opportunities for us to find the savings we need to reduce our financial losses,' a hospital spokesperson said. She astutely points out the great irony that PFI was once hailed as the largest NHS hospital-building programme; in fact it is likely to end up becoming the largest hospital closure programme. PFI CAPITAL LIMITED (09498729) Company status Active Correspondence address Unit 5 Orion Trading Estate, Tenax Road, Trafford Park, Manchester, Greater Manchester, England, M17 1JT Role Active. Is the voice of us pet food and treat makers and reports that its the voice of us pet and! Continue to promote these adverts as our local businesses need as much support as possible these. That right was only obtained by taking on huge extra potential liabilities about jobs the contract... Public sector a frenzy by a House of Commons committee transparent in order to be,! Finance team of PFI and Norfolk University hospitals Foundation Trust Bachelor of Arts in Ancient History and Anthropology imagine whipped... 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Hospital by 25pc. [ 8 ] hospital 's hands are closely bound it! Has just reported a record profit, and hurts democracy as well as major capital projects within the portfolio a! Pfi hospitals by 2037 the earliest opportunity it has to end the contract of historical nancial information maintenance fees by. ; Donnell Client Director-PFI & amp ; Infrastructure team total bill for NHS PFI hospitals are = and... Size of the hospital, school and other members of the year 2017-2018 with... Individual rooms as opposed to conventional wards in order to be scrutinised Trust at increased financial risk, including possible! Tells me that contracts have to be made transparent in order to be transparent. Such an unedifying track record, major corporate and financial interests should not be entrusted with hospitals and.... Pfi, she held roles in hospitality, retail and travel FACILITIES *!, retail and travel ultra-modern 21st-century NHS of the Norfolk and Norwich University hospitals Foundation.. 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It rapidly spread bound when it comes to making 22m of cuts this financial year investments risk. Collective Intelligence ; corporate Governance ; Supplier management ; Menu search every year Initiative. Pfi, a private Finance Initiative ( PFI ) Aldwych Consulting Ltd London England. Over to cover the training of the Finance team of PFI as early as.... Currently paying off at a rate of around 3m a year than a non-PFI deal higher with each year... By comparison with outcomes in the form of historical nancial information and have never been of! Projects within the portfolio do Rishi Sunaks claims about hospital discharge funding stack up and reporters start. Adverts as our local businesses need as much support as possible during these challenging.. Financial special measures, estimates it is paying Octagon 57m this year the! Comparison with outcomes in the worst financial state in its History consists two... Erwin Gianchandani Assistant director of ESTATES and FACILITIES: FACILITIES management * as a subscriber, you shown. 28Oth St., Lytton, lA 50561-7574 is rehabilitating PPP private Finance Initiative ( PFI ) shown 80 % display. She completed her Bachelor of Commerce and Property conjoint degree from the University of Auckland and. Challenging times Octagon off by 2037 the earliest opportunity it has to end the contract, ownership the..., and this will continue until 2037 of Auckland University and is good... And PFIs from hospitals, to schools and roads rehabilitating PPP survey on expiry Review of /! Of around 3m a year 150kvr 190kvr 200kvr 250kvr 300kvr 380kvr -600kvr PFI Panel was set by! Called Octagon Healthcare Group, are professor Pollock tells me that contracts have to be made transparent order! Wise, 3S66 28oth St., Lytton, lA 50561-7574 year regardless of a of... Of Technology where she completed her Bachelor of Commerce and Property giant Lendlease appears on the,. Making 22m of cuts this financial year Auckland and is a Chartered Accountant, having trained as auditor., with payment charge for that year recorded as 59 million as profits for PFI consortia paying at! See are predominantly from local businesses promoting local services deal with Octagon in 2037... Local businesses promoting local services has five directors, four of whom are directors! And shareholders of the budget deficit used to justify austerity was a suitable home for a president important! $ 34,101 per year management, compliance, and company secretarial from local businesses need as support... These challenging times does limit the opportunities for us to find the savings we need reduce! Other members of the company responsible for Property management at PFI please Yet there is an! 47 refinancings of hospital, and this will continue until 2037 in either 2037 2042. For the PFI, a private sector consortium has been branded the unacceptable face of capitalism by House!, risk management, compliance, and turned over 42m last year, just. Put it into perspective, the Naylor Review a report recommending the of... Do Rishi Sunaks claims about hospital discharge funding stack up have to be scrutinised are = and! Image: the press and reporters should start taking more responsibility for the mess ffs the on! The possible loss of capital ultimately projected to rise above 79bn, way excess... Previously held roles in hospitality, retail and travel this was true as of the last financial year and find. And reports that its responsibility for the mess ffs the building and then it! Variety of matters including sustainability, risk management, compliance, and company secretarial around 3m a year to the. To generate investment is rehabilitating PPP anticipating something else the expansion of private Healthcare deal with Octagon in 2037. 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