Barton West plan 'good value'

OXFORD City Council’s partnership to build Barton West has been good value for money, according to the council’s internal auditors.

The city council has teamed up with development company Grosvenor to build the 1,000 home development, which was given the go-ahead by a planning inspector last year.

PricewaterhouseCooper was asked by the city council to find out whether the joint venture was good value.

In its report the company says: “Good practice suggests that joint ventures should be entered where there are complementary objectives and where there is a shared viewpoint on the nature and scope of activities and the joint venture’s longer-term objectives and benefits.

“Our review shows the council’s procurement process is consistent with good practice.

“The council’s approach is centred around achieving value for money.”

Grosvenor and the city council created a limited liability partnership to form Barton Oxford LLP when the development company was chosen from 20 bidders in 2011.

While the city council provides the land, which it owns, Grosvenor supplies funds for the development. Parcels of the land would be sold off for development.

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A planning application for the Barton West development is expected within the next six to eight weeks.

Comments (2)

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6:55pm Wed 27 Feb 13

bart-on simpson says...

Hm, 6-8 weeks. So it's held up, going by all earlier pronouncements. In 6-8 weeks, China would have built a fifth of the homes. Here, not a single home built before 2014. And where does the 1,000 homes figure come from? 835 at the last count.
Hm, 6-8 weeks. So it's held up, going by all earlier pronouncements. In 6-8 weeks, China would have built a fifth of the homes. Here, not a single home built before 2014. And where does the 1,000 homes figure come from? 835 at the last count. bart-on simpson

9:46pm Wed 27 Feb 13

Myron Blatz says...

Let's face it, no firm of accountants would last long if they told their clients that they were rubbish, would they? It would be like the CEO, his senior Management Staff and all the City Councillors admitting that they had rooked the tax and council tax payers of hundreds of thousands of £pounds in consultations, accountant's fees, legal fees and squillions of committee meeting expenses, and still turning-up for 'work as usual' the following monday. Mind you, they seem to do that every week, don't they?
Let's face it, no firm of accountants would last long if they told their clients that they were rubbish, would they? It would be like the CEO, his senior Management Staff and all the City Councillors admitting that they had rooked the tax and council tax payers of hundreds of thousands of £pounds in consultations, accountant's fees, legal fees and squillions of committee meeting expenses, and still turning-up for 'work as usual' the following monday. Mind you, they seem to do that every week, don't they? Myron Blatz

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