Bid Details for Panmure House Released
Edinburgh City Council’s Report and Recommendation for the Sale of Panmure House (Adam Smith’s home from 1788-90) in Favour of Edinburgh Business School, Heriot-Watt University is available HERE.
In this report the details of the contending bids are discussed and the reasons why the Council recommend the Bid from Edinburgh Business School, Heriot-Watt University, even though it is the lower of the two bids by £150,000.
It is clear that the bid from the University is judged to bring greater economic benefit to Edinburgh over the private developer’s bid, and greater benefit to the wider international academic community. The small difference in price would soon be overtaken by the greater economic use of Panmure House as an educational centre for studies by visiting scholars, post-graduate students, members of the public and visitors to Edinburgh interested in the life and works of Adam Smith and political economy.
Much credit goes to the international academic community, 135 of whom signed the letter to the Council expressing support for the Bid (without reliance on public funds).
It remains now to hope that the Scottish Government agrees to the sale to the bid with the greatest public benefit – at no cost to the taxpayer.
It remains now to hope that the Scottish Government agrees to the sale to the bid with the greatest public benefit – at not cost to the taxpayer.
You can read illustrated details (HERE):
of the Panmure House Project, organised by economists at the University of Edinburgh, who played an important role in securing the vote within Edinburgh City Council for the decision to support the EBS Bid.
In this report the details of the contending bids are discussed and the reasons why the Council recommend the Bid from Edinburgh Business School, Heriot-Watt University, even though it is the lower of the two bids by £150,000.
It is clear that the bid from the University is judged to bring greater economic benefit to Edinburgh over the private developer’s bid, and greater benefit to the wider international academic community. The small difference in price would soon be overtaken by the greater economic use of Panmure House as an educational centre for studies by visiting scholars, post-graduate students, members of the public and visitors to Edinburgh interested in the life and works of Adam Smith and political economy.
Much credit goes to the international academic community, 135 of whom signed the letter to the Council expressing support for the Bid (without reliance on public funds).
It remains now to hope that the Scottish Government agrees to the sale to the bid with the greatest public benefit – at no cost to the taxpayer.
It remains now to hope that the Scottish Government agrees to the sale to the bid with the greatest public benefit – at not cost to the taxpayer.
You can read illustrated details (HERE):
of the Panmure House Project, organised by economists at the University of Edinburgh, who played an important role in securing the vote within Edinburgh City Council for the decision to support the EBS Bid.
posted by Gavin Kennedy at 3:29 PM
1 Comments:
^^ nice blog!! ^@^
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