Is this because....
- No-one really beleives the FA when they say that they can't bail a project out - after all, they will never go bust. So suppliers will always take the wee-wee out of clients that have some kind of public status
- Businesses are a just lot better at managing projects such as this than public / quasi public bodies. Full. Stop.
- Public bodies are subject to a standard of accountability that stops them from negotiating win-win contracts.
Are there any other common explanations that I've missed here? And is no 3 (above) a common explanation?
I ask this, because it strikes me as a very credible one that is rarely discussed. Tim Worstall is usually very entertaining on the subject of public-sector incompetence, but I've not seen him discuss the win-win issue before. Maybe I missed it?