Originally Posted by
Xercules
once procurement has been privatised who arranges the next contract for the same service?
The initial contractor won the competition by offering a price at the in-house cost less x%.
5 years down the line the ability of the Service to take the work back in house is severely compromised and the sitting contractor can now up his offer. While a new bidder might undercut in price they may also under-estimate the risks which places the ball back with the initial contractor.
Barrel and over springs to mind.