Government facing criticism from Business Group


Posted October 5, 2012 by usainnbolt

Many business groups are of the view that it was almost come to them as a shock that the government of the country has not been able to handle such an important contract of West Coast rail line. It might harm the businesses.

 
The business groups of the country have launch a criticism attack on the government has it was not properly able to handle the West Coast main line franchise, following the event when as the transport secretary had cancelled the contract of the First Group after finding errors in the process of bidding.

Government is hearing criticism from both the side, the British Chambers of Commerce that is BCC as well as the Institute of Directors on the issue of contract. They have also cautioned the government after all this what has happened, there are chances that there can be a hindrance in the way of them making any kinds of investments.

Simon Walker, who is the director general of the Institute of Directors, was of the view that the procedure of tender of the government is not at all transparent. Because of what has happened, it is quite possible that the firms will now feel quite apprehensive before they will be applying for any kind of contract. All this is going to have a negative effect on the delivery of the services. He also had to add that it no less than a shock that such an important thing had gone so wrong. For the development of the business in the country, it is very important there should be a well-maintained rail network which is the basic of any infrastructure. Get cash without any problem at http://www.poundtopockett.co.uk/ on the last Tuesday, the Department of Transport had come up with this announcement they are calling off the contract for the running of the West Coast Line. The reason which they had cited behind this was that after an investigation, they had found out that there were serious amount of efforts in the process of bidding. Now the procedure of bidding will be done again. This sort of a decision from the DfT has come just a day before when the hearing of the challenge given to them by the Virgin Group had to start over the issue of giving the contract to the First Group.

In the month of August, Virgin train had lost the bid and thus the contract of running the West Coast rail line. This contract was awarded to the First Group who has made an offer of 5.5 billion pounds to take charge of this line for the coming 13 years. As per the business groups, it is very necessary that people in the government, taking care of such things must have experts skills.
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Issued By usainnbolt
Country United Kingdom
Categories Finance
Tags finance
Last Updated October 5, 2012