Author Topic: Terry Le Sueur wastes £10m through incompetence  (Read 11512 times)

Offline moot

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Re: Terry Le Sueur wastes £10m through incompetence
« Reply #30 on: March 27, 2009, 06:30:10 PM »
Sarah, I wonder if you mind finding the answer to the question below :

The new incinerator has always been quoted as costing approx £106 million
Last November Ministers De Faye and Le Sueur signed a contract worth £98 million with a consortium of companies who will build the plant  This represents 92% ot the total cost

Various figures have been quoted in the media as being the extra cost for not fixing the euro exchange rate.  Most have reported it to be approx £3 million
The JEP has stated that the euro part of the total cost represents " more than half of the total cost"
The Euro rate in Nov 08 was about 1.30. At present it is on a par with sterling
This represent approx over 20% drop

My question is : Was the contract for £98 million all in euros and if not what percentage of this figure was ?

Thank you


rogueelement

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Re: Terry Le Sueur wastes £10m through incompetence
« Reply #31 on: March 27, 2009, 06:34:32 PM »
I thought you wanted them to do some work!
They could possibly work much better if they had a bit of "Life Experience"
I fear far too many have simply sucked from the teat from day 1 and have no functional ability.

Offline Fritz

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Re: Terry Le Sueur wastes £10m through incompetence
« Reply #32 on: March 27, 2009, 08:27:44 PM »
My,"Flabber", has been really, "Gasted", by this whole episode.
Jersey= "World renowned finance centre".(So we are told).
Mrs Smith="Factory worker booking holiday abroad".
Mrs Smith buys  travellers cheques, some in Sterling, some in Euros and some in Dollars to ensure that she can get the best value for money each day of her holiday.

Who exactly is going to pay back this £3million?
Its alright having ,"Disciplinary proceedings",etc. But is anyone going to be made to pay the money back?

rogueelement

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Re: Terry Le Sueur wastes £10m through incompetence
« Reply #33 on: March 27, 2009, 08:44:13 PM »
It,s not £3million,,, if Approximately half of the contract was £50m and lets be fair that probably means £60m , and the exchange loss is 20% = £12million.

Spin is one thing but this is taking the urine.

Offline Fritz

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Re: Terry Le Sueur wastes £10m through incompetence
« Reply #34 on: March 27, 2009, 08:49:19 PM »
Will heads roll, or will civil servants be suspended on full pay,(whilst temporary replacements are brought in on ,"J-Cats", to fill the void)?




PS: Whoever started this thread cant spell, "Inconte......., Anco....Imco.........pishes themselves". ;D
« Last Edit: March 27, 2009, 08:52:14 PM by Fritz »

rogueelement

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Re: Terry Le Sueur wastes £10m through incompetence
« Reply #35 on: March 27, 2009, 08:52:14 PM »
No heads will roll , as that might incriminate the ex head of finance.
I anticipate a review, a report, an expansion of the budget to fulfil previous derelection and a bonus to the staff on account of the increased budget.

Offline Fritz

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Re: Terry Le Sueur wastes £10m through incompetence
« Reply #36 on: March 27, 2009, 08:58:25 PM »
The general set up with the states use of consultants etc seems to follow the crazy,(IMHO), way that Architects are employed on a ,"Percentage of the final cost", basis.

The more it costs, the more the,"expert", earns.

Perfect recipe for corruption.

Offline moot

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Re: Terry Le Sueur wastes £10m through incompetence
« Reply #37 on: March 27, 2009, 09:18:11 PM »
It,s not £3million,,, if Approximately half of the contract was £50m and lets be fair that probably means £60m , and the exchange loss is 20% = £12million.

That's exactly what I make it. However from my above question to Sarah F I am trying to find out how much of the £98 million in the contract with the consortium was in euros as I suspect the figure is considerably higher
It could well be £20 million.

Offline Fritz

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Re: Terry Le Sueur wastes £10m through incompetence
« Reply #38 on: March 27, 2009, 10:34:08 PM »
I think the thread header should read.

"Terry Le Sueur wastes £10m through Incontinence".

Piss-poor performance

Offline Sarah Ferguson

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Re: Terry Le Sueur wastes £10m through incompetence
« Reply #39 on: March 27, 2009, 10:54:16 PM »
Moot

I will find out.

Offline moot

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Re: Terry Le Sueur wastes £10m through incompetence
« Reply #40 on: March 27, 2009, 11:01:46 PM »

Offline moot

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Re: Terry Le Sueur wastes £10m through incompetence
« Reply #41 on: April 08, 2009, 11:27:27 PM »
http://www.thisisjersey.com/2009/04/07/that-incinerator-contract-all-of-us-are-to-blame/

According to JEP's Peter body we are all to blame for the minister & civil servants failure to do their duty !
Truly remarkable !
Will we all be reprimanded ?
« Last Edit: April 08, 2009, 11:29:37 PM by moot »

Offline Dylan

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Re: Terry Le Sueur wastes £10m through incompetence
« Reply #42 on: April 09, 2009, 04:44:24 AM »
Maybe we should be fined for putting him there?
!dereggub si draobyek ym kniht I

Offline Lieve

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Re: Terry Le Sueur wastes £10m through incompetence
« Reply #43 on: April 09, 2009, 01:23:32 PM »
Hold on, we are being punished already ... by having to endure them! Can't get punished twice for the same thing. What's even worse, "we" keep making the same mistakes !

Offline moot

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Re: Terry Le Sueur wastes £10m through incompetence
« Reply #44 on: April 22, 2009, 08:20:49 PM »
Yesterday's JEP headline piece was a report on the Public Accounts Commitee's investigations into the reasons why Jersey's most expensive project ever ( insanerator) fell victim to the euro exchange rate changes
None of it made comfortable reading but one particular bit was the worst by far. It read :
"If anyone had hoped that the answers to who was to blame would emerge from the day's sitting they were to be disappointed. Instead of blame being aportioned to anyone, a picture emerged of a failing system characterised by confusion, a lack of clarity about who was reponsible for what conflicting advice and a failure to make decisions"

If this state of affairs is typical of our government and its civil service God help us all.
What a shambles !