A127 SPECS - 90 percent funded by a private company

A127 SPECSA Freedom of Information request to Essex County Council requesting the cost of the A127 Average Speed Camera installation has revealed that Essex County Council contributed only 10% of the total installation costs. The remaining £415,226 was paid by a company headquartered in the area, Keymed Ltd. Quite why a private sponsor is being used to fund speed camera installations isn't explained.

Lets all ask them
http://www.keymed.co.uk/index.cfm/page/content.index.cfm/cid/443/navid/167/parentid/0

Weird, why would Olympus want to install speed cameras?

[Goes outside to throw camera in the bin]

Mike

Boycott Olympus Scamera Bastards

quote:

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Originally posted by Guinness
Weird, why would Olympus want to install speed cameras?

[Goes outside to throw camera in the bin]

Mike

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I have a sneaking feeling they may rent them out to the said councils.

quote:

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Originally posted by Andi
I have a sneaking feeling they may rent them out to the said councils.

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not sure on that one but i work on military helicopters in hampshire and was sitting there at a piece of kit we fit to our aircraft that jams all radio infa red and radar signals! was wondering how i could fit it to the front of my seven when its done! shame it weighs sixty kilos and needs three phase power to run! could of pissed some people of!

PFI - private finance initiative.

Lots of councils doing it now. They buy it then council pay them to maintain/run it.

Same as the hospitals. Don't pay £ now, pay £££££££££ later. Waste of money if you ask me!!

On the other hand it does mean the councils can say the speed cameras "pay for themselves"....