POLS 2250 Lecture Notes - European Cooperation In Science And Technology, Entertainment Center, Ministry Of Community And Social Services
27 Mar 2013
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Key details: p3 arrangement between city of guelph & nustadia. City - . 5 million; loan guarantee of million. Nustadia - . 5 million: intended city benefits. Since it could have been built cheaper in west. No risk of operational loss: guelph centre partners (gcp) 35 year lease, opened fall of 2000, operational problems. Mid-2001 company had no money to pay. Principal & interest payments: 2 options for moving forward. City to pay taxes and loan payments until. Gcp to repay: june 2005 gcp ended partnership. Public administration issues: additional costs to taxpayers ( million debt & . Million loan: transparency lack of access to company books, risk must truly be shared, poorly negotiated agreements. Key details: p3 between ontario ministry of community & social. Services (comsoc) & andersen consulting: common purpose procurement policy governs use. Aim is to ensure better, more creative. Only supposed to be used when ministry is.
