The 10-year deal signed by the Passport Agency, part of the Home Office, was supposed to cost between £80m and £100m.
But new figures reveal the final bill for the contract with hi-tech firm Siemens is £365m - more than four times the initial quote.
Showing posts with label Germany economy crash SIEMENS manipulation euro 4th reich Γερμανία Ελλάδα τέταρτου Ράιχ. Show all posts
Showing posts with label Germany economy crash SIEMENS manipulation euro 4th reich Γερμανία Ελλάδα τέταρτου Ράιχ. Show all posts
Sunday, 25 September 2011
Another Siemens Overspend
The cost of a multi-million pound Government IT project has more than quadrupled, it has emerged.
The 10-year deal signed by the Passport Agency, part of the Home Office, was supposed to cost between £80m and £100m.
But new figures reveal the final bill for the contract with hi-tech firm Siemens is £365m - more than four times the initial quote.
The 10-year deal signed by the Passport Agency, part of the Home Office, was supposed to cost between £80m and £100m.
But new figures reveal the final bill for the contract with hi-tech firm Siemens is £365m - more than four times the initial quote.
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