Scottish Futures Trust
The Scottish Futures Trust (SFT) is a public corporation of the Scottish Government,[1] established in September 2008 to improve public infrastructure investment. It is run by a board of seven members appointed by Scottish ministers, headed by non-executive chairman Sir Angus Grossart.
SFT operates at arm's length from the Government but works closely with the public and private sectors to deliver value-for-money on all public sector infrastructure investment across the country, with the aim of saving £100–£150 million each year through a wide range of activities.
During 2009-10, SFT saved the Scottish taxpayer £111 million, which increased to £129 million in 2010–11.[2]
In 2011-2012, SFT helped deliver £131 million of net benefits and savings to infrastructure investment which were independently validated by Grant Thornton LLP and academics from the London School of Economics and Political Science.[3]And in 2012/13, the benefits figure reached £132 million, bringing SFT's cumulative benefits to over £500 million.
There are a team of over 50 professionals at SFT, who have the responsibility of increasing the efficiency and effectiveness of infrastructure investment in Scotland.[4]
Healthcare projects that have been achieved through the SFT include the £15m Aberdeen Community Health and Care Village which opened in 2013 and the new £150m Royal Hospital for Sick Children and Department of Clinical Neurosciences in Edinburgh which is due to open in 2017.[5]
References
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See also
External links
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