PSFP

(redirected from Public Sector Funding Package)
AcronymDefinition
PSFPPriority Schools Funding Program (Australia)
PSFPPuget Sound Family Physicians (Washington)
PSFPPakistan Society of Family Physicians
PSFPPublic Sector Funding Package (UK)
PSFPPrairie States Forestry Project (US Forest Service)
PSFPPassenger Smoke & Fume Protection
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References in periodicals archive ?
The public sector funding package will improve local industrial transport links, connecting the site up with the A45, and constructing the bridge to join the new development with Jaguar Land Rover's existing Whitley engineering centre.
The costs and scale of venue security were vastly underestimated before 2011, and could only be met from the Public Sector Funding Package due to underspends elsewhere."
There is a public sector funding package of Au9.3 billion but there is other Games-related expenditure - such as funding of elite athletes - which has also come from the public purse.
But Margaret Hodge, who chairs the committee, said: "The pounds 9.3billion public sector funding package is close to being used up and we are concerned about whether the running of the Games will be held within budget.
"However, the pounds 9.3bn public sector funding package is close to being used up and we are concerned about whether the running of the Games will be held within budget."
"However, the pounds 9.3billion public sector funding package is close to being used up and we are concerned about whether the running of the Games will be held within budget.
The cost of hosting the Olympics and the Paralympics were estimated at 2.37 billion pounds in 2005, but the UK public sector funding package was increased to about 9.3 billion pounds in 2007,Sky.com reports.
"The government is confident that there is money available to meet known risks, but, in my view, the likelihood that the Games can still be funded within the existing public sector funding package is so finely balanced that there is a real risk more money will be needed," said National Audit Office head, Amyas Morse.
There is pounds 35m in the public sector funding package already for legacy conversion.
He added: "We have looked at different ways of structuring the public sector funding package, but this would not take cost to the public purse above 30%.
"This ($854.7 million), together with a contingency of ($337.6) on which there are currently no plans to draw, and the security budget of the Olympic Delivery Authority (ODA) are parts of the overall Olympic public sector funding package of ($13.228 billion)," she said.
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