Research on cost comparison of Public and Private business in PFI (Private Finance Initiative) by calculating VFM(Value For Money)

1.研究了日本等国VFM的计算思路和具体计算方法。2.在日本，我们通过公开的材料和地方政府的材料进行了实例调查；在英国的VFM计算方面，我们通过文献和实地调查研究了VFM的框架和实际应用。3.我们发现：(1)在公共部门成本，即PSC的计算上，其他国家试图用各种想法来近似一个具体的值。在日本，计算具体成本的情况很少。在估算阶段有很多情况。(2)在LCC计算中，即日本私营企业的成本，在基于意向研究的可行性研究中采用实际接近数值。(3)在折现率方面，英国有强烈的货币价值应转换为现值的概念，其比率由财务省决定。在日本，很多情况下采用国债利率的平均值。(4)在英国，VFM的数值是由国会和行政机构讨论的。(5)在其他国家，审计委员会等机构对事后的数值进行评估。4.在通过公开招标(搜狗、Hyouka、Ippan、Kyousou Nuusatu)的总体评估来评估私营企业的投标方案时，即加法程序和除法程序(Kasan Housiki和Zyan Housiki)，我们结合具体实例讨论了问题，并制定了公共和私人成本比较的程序。

1.We research on the way of thinking and a concrete calculation of VFM in Japan and other countries.2.In Japan, we investigate examples by open materials and the materials of local governments.On VFM calculation in U.K., we research on VFM's framework and practical uses by papers and field surveys.3.Consequently, we found :(1)On the cost of public sector, that is, the calculation of PSC, other countries try to various ideas to approximate a concrete value.In Japan, it is rare case to calculate concrete costs. There are many cases in an estimation stage.(2)In LCC calculation, which is the cost of private corporation in Japan, it is taken the actual near numerical value on a feasibility study based on intent study.(3)On discount rate to present value, U.K.strongly has the concept that monetary value should change into present value.The Ministry of Finance decides its rate. In Japan, the average value of national bonds rate is used in many cases.(4)In U.K.the numerical value of VFM is discussed in Parliament and administrative agency.(5)In other foreign countries, the Board of Audit or the like evaluate ex post facto numerical value.4.In the case of evaluation of the proposal of private enterprises by total evaluation of public competition tender (Sougou Hyouka Ippan Kyousou Nuusatu), that is, addition procedure and division procedure (Kasan Housiki and Zyosan Housiki), we discuss the problems on concrete examples.We frame a procedure of the comparison of public and private cost.