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The agency set up to promote private finance initiative (PFI) projects is unlikely to take equity stakes in any projects in its early stages, Andrew Smith, chief secretary to the Treasury, told a Partnerships UK (PUK) conference in London.
Q: I would like to implement purchasing cards, and shortly e-procurement, for our lower-value expenditure. I have been asked to justify the claim I made in the business case that the cost of raising an order is £50. This is the figure most often bandied a
British boardrooms are more on the ball than those in the rest of Europe and the US when it comes to e-commerce, according to a survey commissioned by global software company Intentia, writes David Arminas.


Utility group Hyder has signed a partnering agreement with six contractors to deliver savings of 20 per cent on its £655 million water and sewerage infrastructure project. Supply chain collaboration will help to achieve the savings for the five-year project. Hyder made the move after regulator Ofwat told companies that water bills must be cut and infrastructure improved.
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