This morning saw the launch of the Scottish Futures Trust' (SFT) Strategic Business Case (SBC) ... you won't be surprised to hear that I think its more a basket-case than a business-case.
It really is a poor piece of work.
After 8-years in Opposition and a year in Government, what's on offer here from the SNP is a very weak model of financing public infrastructure ... its not particularly innovative and it still seems like 'work-in-progress'.
Do have a look at the very last line of the document on Page 56 ... says it all really :-(
... and worse still, PLEASE do have a look at the top few lines of the table on Page 55 - NO MORE NEW CAPITAL MONIES for schools until 2011/2012, then only minuscule sums thereafter when contrasted to the +£1.1billion of schools construction currently underway (all initiated prior to May 2007) over the next three years :-((
I am now willing to take bets that not ONE SINGLE new school contract will be initiated, and then that school built and actually opened all within this term (May 2007-May 2011) of the current Scottish Government ... I'll happily take any offers of a wager on this?
Its a truly shocking failure.