Publicly subsidised project - Revision history

Designing Buildings at 07:03, 24 February 2021

2021-02-24T07:03:33Z

← Older revision		Revision as of 07:03, 24 February 2021
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	* Public project.		* Public project.

−	[[Category:~~Projects_and_case_studies~~]] [[Category:~~DCN_Project_Knowledge~~]]	+	[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:Projects_and_case_studies]]

Designing Buildings at 10:35, 12 July 2019

2019-07-12T10:35:39Z

← Older revision		Revision as of 10:35, 12 July 2019
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	= Related articles on Designing Buildings Wiki =		= Related articles on Designing Buildings Wiki =

−	* OJEU ~~procurment~~ procedures.	+	* OJEU procurement procedures.
	* Public procurement.		* Public procurement.
	* Public body.		* Public body.
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	* Public project.		* Public project.

−	[[Category:Projects_and_case_studies]]	+	[[Category:Projects_and_case_studies]] [[Category:DCN_Project_Knowledge]]

Designing Buildings at 10:34, 12 July 2019

2019-07-12T10:34:50Z

← Older revision		Revision as of 10:34, 12 July 2019
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−	Unlike a public project that is typically owned and financed by the government, a ~~‘publicly~~ subsidised ~~project’~~ is one which receives partial funding from a public concern ~~such as the National Lottery~~. So, for example, a church council faced with ~~enormous~~ costs for repair and conservation could apply and receive lottery funding ~~that will~~ cover a portion of its costs~~. This would allow the repair to proceed which might otherwise have not been deemed affordable by the church in question~~.	+	Unlike a public project that is typically owned and financed by the government, a publicly subsidised project is one which receives partial funding from a public concern. So, for example, a church council faced with significant costs for repair and conservation could apply for and receive lottery funding to cover a portion of its costs.

	In situations such as this, receiving money in part from a government organisation, whether a lottery fund or some other public source, makes the project ‘publicly subsidised’; the funds come from the public purse (the National Lottery is operated on behalf of the government by a private company which receives commissions for its work). While the Lottery provides funds to worthy construction projects, in most cases the funding is only partial for any given project.		In situations such as this, receiving money in part from a government organisation, whether a lottery fund or some other public source, makes the project ‘publicly subsidised’; the funds come from the public purse (the National Lottery is operated on behalf of the government by a private company which receives commissions for its work). While the Lottery provides funds to worthy construction projects, in most cases the funding is only partial for any given project.
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	The UK government has had a policy in recent years of expanding the types of tenures that are available: Affordable Rent, Shared Ownership are two examples of partial subsidy. As is the Rent to Buy scheme, which allows tenants to enjoy rents that are set at or below 80% of the local market rent, giving them the opportunity to save for a deposit and later the option to buy their own home. These are further examples of publicly subsidised projects in the housing sector.		The UK government has had a policy in recent years of expanding the types of tenures that are available: Affordable Rent, Shared Ownership are two examples of partial subsidy. As is the Rent to Buy scheme, which allows tenants to enjoy rents that are set at or below 80% of the local market rent, giving them the opportunity to save for a deposit and later the option to buy their own home. These are further examples of publicly subsidised projects in the housing sector.
−
−	~~Projects may also be publicly subsidised by being given tax breaks by the government. Owner –occupiers in the UK for example, enjoy capital gains tax relief that amounts to billions.~~

	Like public projects, publicly subsidised projects may be subject to OJEU procurement procedures.		Like public projects, publicly subsidised projects may be subject to OJEU procurement procedures.
		+
		+	For more information about what might constitute a public funding organisation see: Public authority and Public body.

	= Related articles on Designing Buildings Wiki =		= Related articles on Designing Buildings Wiki =

−	* ~~Best value.~~	+	* OJEU procurment procedures.
−	* Construction contract.	+
−	* Contract documentation.	+
−	* Government Construction Strategy.	+
−	* Most Economically Advantageous Tender (MEAT).	+
−	* OGC (Office of Government Commerce - now absorbed into the Efficiency and Reform Group (ERG) within the Cabinet Office).	+
	* Public procurement.		* Public procurement.
−	* ~~Procurement route~~.	+	* Public body.
−	* ~~Procurement team~~	+	* Public building.
	* Public contract.		* Public contract.
−	* Public ~~contracting~~ authority.	+	* Public authority.
		+	* Public project.

	[[Category:Projects_and_case_studies]]		[[Category:Projects_and_case_studies]]

Editor: Created page with "Unlike a public project that is typically owned and financed by the government, a ‘publicly subsidised project’ is one which receives partial funding from a public concern su..."

2019-07-03T15:48:28Z

Created page with "Unlike a public project that is typically owned and financed by the government, a ‘publicly subsidised project’ is one which receives partial funding from a public concern su..."

New page

Unlike a public project that is typically owned and financed by the government, a ‘publicly subsidised project’ is one which receives partial funding from a public concern such as the National Lottery. So, for example, a church council faced with enormous costs for repair and conservation could apply and receive lottery funding that will cover a portion of its costs. This would allow the repair to proceed which might otherwise have not been deemed affordable by the church in question.

In situations such as this, receiving money in part from a government organisation, whether a lottery fund or some other public source, makes the project ‘publicly subsidised’; the funds come from the public purse (the National Lottery is operated on behalf of the government by a private company which receives commissions for its work). While the Lottery provides funds to worthy construction projects, in most cases the funding is only partial for any given project.

In the UK, publicly subsidised projects can take many forms. Housing is an example. The diminution of the social housing sector in the 1980s saw the rise of numerous housing associations. Yet despite its aversion to council (public) housing, the government has adopted a policy of supporting housing associations by allowing public funds to be channelled to them as housing development subsidies.

Social housing may be owned and managed by the state, or it may be funded by a combination of the state and non-profit organisations. Another example may be the collaboration between a university department and a private firm on a research project that is expected could have some public benefit so is partly funded by the Government. Such projects are therefore publicly subsidised projects not wholly subsidised from government funds.

The UK government has had a policy in recent years of expanding the types of tenures that are available: Affordable Rent, Shared Ownership are two examples of partial subsidy. As is the Rent to Buy scheme, which allows tenants to enjoy rents that are set at or below 80% of the local market rent, giving them the opportunity to save for a deposit and later the option to buy their own home. These are further examples of publicly subsidised projects in the housing sector.

Projects may also be publicly subsidised by being given tax breaks by the government. Owner –occupiers in the UK for example, enjoy capital gains tax relief that amounts to billions.

Like public projects, publicly subsidised projects may be subject to OJEU procurement procedures.

= Related articles on Designing Buildings Wiki =

* Best value.
* Construction contract.
* Contract documentation.
* Government Construction Strategy.
* Most Economically Advantageous Tender (MEAT).
* OGC (Office of Government Commerce - now absorbed into the Efficiency and Reform Group (ERG) within the Cabinet Office).
* Public procurement.
* Procurement route.
* Procurement team
* Public contract.
* Public contracting authority.

[[Category:Projects_and_case_studies]]