On the back of the Marble Arch Hill disaster, Mike Bodnar wants to see those in charge of huge infrastructure and vanity projects held to account…
The value of the mound has dropped. Image: The Guardian |
It was
supposed to give unparalleled views of inner central
But that shouldn’t be a surprise since none of the other recent proposed taxpayer-funded attractions or infrastructure projects have resulted in overwhelming approval, or completion.
The dream: the Garden Bridge. Image: Heathwick |
By now,
July 2021, I should, in principle be able to travel in some luxury and great
convenience across
Crossrail. Or not. Image: The Guardian |
Should I mention HS2, the much-hyped fast rail connection between the north and south? Should I note the original proposed cost of £32 billion then became £55.7 billion which then further escalated to £88 billion in 2015? It now currently stands at an estimated £107bn, a figure not unreasonably suggested by Lord Berkeley, former deputy chairman of the government's independent review into the project.
We may as well just do some Swedish rounding right now and call it £200 billion by the time it’s finished (yeah, sure) in the 2030s.
High Speed 2 (HS2). Image: City A.M. |
Imagine for a moment that you or I – normal everyday individuals – wanted to take out an extension on our mortgage. Do you think for a moment that the bank will agree to it without first going into extreme detail about our income plus the value of the property plus our equity in it? And, even if they agree to the extension, they will also draw up a contract that puts them first in the queue should we default on our payments and the property has to be sold. In short, they want a guarantee that they will get their money back plus interest in the event the deal falls through.
So why then are people in public office like Boris Johnson able to dream up fantastic schemes, invest millions of public funds, and not be held accountable? If they had to sign a personal guarantee that they would refund lost taxpayer funds in the event of a project’s collapse, the project would then never go ahead. But it’s not their money that’s involved.
Image: Free Enterprise |
Independent reviews after the event are too late – the money has gone. What we need is accountability at the top level on a weekly scale, independent fully-armed, locked-and-loaded reviews that have the ammunition to call a halt to a project in the public interest at a time before the damage is done. Whoever heads these accountability crack squads should also have the ability to fire at will (in the sense of ‘You’re fired,’ rather than actually putting the culprit in the cross-hairs and pulling the trigger. Although…)
Darfield Earthquake 2010, NZ. Image: Mike Bodnar |
Further, while I’m on a roll, let’s see those in charge of huge infrastructure and vanity projects are held to account by having contracts that stipulate no bonuses where targets are not met, no pension pay-outs in the event they lose their positions, and no golden handshakes either whether they are fired or resign in disgrace. It’s exactly what the rest of us humble individuals would be up against in the workplace.
And public office is just that: a workplace. Let’s make it work.
No comments:
Post a Comment
I welcome comments, especially constructive and supportive. Also, if you enjoy these blogs please share!