Originally Posted by
helicrazi
They do a very good job on the coal face, no doubting that.
The balance sheet on the other hand...
Are they providing the service they were contracted to provide, at the price that was agreed? If so, then that sheet is balanced. (How it affects the overall government finances is a different matter).
Awarding a contract to the lowest bidder does not necessarily result in the best value for money. If the contractor is unable to fulfil the contract, it may result in penalties to the contractor, but also results in the customer not getting the required level of service.