22 August 2012

Milton Keynesian economics

cows and contracts set in stone (well concrete anyway)

original full text here
Lessons for Barnet Council from Milton Keynes. 

It is a waste of time entering into long contracts because you want to change them before they expire (just like Greenwich Leisure)

Flexibility becomes more important over time as unexpected needs arise.

Both sides have to agree to any changes. A private company will protect its financial interests whilst doing that and can refuse to change the contract.

An upfront payment = more money out of the pot. Even though this is presented as a money-saving exercise no figures are provided to supported that assertion.

If you want flexibility & control you have to manage the service yourself in-house.

Yours frugally

Mr Mustard

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