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Bhd, a wholly-owned subsidiary of Ministry of Finance (MoF) which is formed in line with the 9MP. Bad information ruins lives. The hospital opened in 2001 under a deal called a Private Finance Initiative (PFI). 1998: Labour government announces a new hospital for Norwich. "The PFI would like to congratulate Tracey Forfa on being named the new director of the FDA's CVM," said Dana Brooks, president and chief executive officer of PFI. 'The more patients we treat, the higher the PFI usage fee, on the basis that the services are used more intensively and the buildings require greater maintenance,' a spokesperson for the hospital explained. It promotes hate, damages peoples health, and hurts democracy. The PFI costs take up around 10pc of its annual budget. None of the firms involved in Octagon responded to our requests for comment. It is one of the largest hospitals in the United Kingdom in terms of in-patient capacity. . 'The refinancing will release significant resources for the NHS in central Norfolk,' said a press release from the N&N at the time. You deserve better. Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in, PFI debt for the British taxpayer is more than 300bn for infrastructure projects, with a value of 54.7bn. The PFI contract was entered into on 8.1.1998 for a duration of 60 years at an estimated value of 144 000 000 GBP with Octagon. HP10 9TY. Leo Benjamin, 17636 Birch Ave., Whiting, lA Sl063. Salaries posted anonymously by Octagon employees. She is currently the Chief Executive of Tramco Group, and a director of Vital Healthcare Property Trust, The Real Estate Institute of New Zealand, Property Council New Zealand, realestate.co.nz and Foodstuffs South Island. In fact, this PFI consists of two schemes. The text on the post reads: Tony Blair announced the building of the new Norfolk & Norwich Hospital on 11/1/1998. Associate Director of Estates new Lewisham and Greenwich NHS Trust 3.7 London SE13 Corporate and commercial: Birmingham There are currently over 700 PFI contracts and the bulk will start to expire from 2025. [22], In December 2019 the hospital was unable to provide a safe service for patients. At the end of the contract, ownership of the hospital will pass to the NHS. 'Otherwise you are stuck with it for years and years.' Lead the charge on the significant opportunities around PFI handbacks. Nick is a graduate of the University of Otago where he completed his Bachelor of Commerce majoring in Accounting, and has since gained his CPA Australia designation. Chief executive and founder of Innisfree David Metter which is the joint biggest shareholder in Octagon. Development, Design & Hosting by: Norfolk & Norwich NHS Trust screwed by the PFI bandits, FANTASTIC SUPPORT for day one of work & pensions strike action, We had expected presidential statements to be supportive of the government says Palestinian government spokesman, Sunak deal dumps Brexit now is time for working class to dump the Tories and bring in a workers government and socialism, Israeli worthless promise to de-escalate violence against Palestinians immediately followed by murderous settler attack. Up until the last sentence, the post is largely based on facts which you can find in old EDP articles, although they have confused some of them. Guess who two of the Company Directors are = Tony and Cherie Blair ! As the voice of U.S. pet food makers for more than 60 years, we provide factual information about pet food and treat safety, nutrition, and health to pet . [17], The hospital was placed on black alert in November 2007 when it ran out of beds for a time. If your agency is in need of additional manpower and you cannot handle it in-house (current employees, overtime, or temp/term appointments) and contractors are too expensive or take too long to setup, then PFI may be a great alternative. The way to deal with their claims for financial liability is to nationalise them under workers control without compensation. Inevitably, this raises pressing questions as to what kind of resolution might emerge when there are so many entangled vested interests. Golf Clients . Picture: Archant (Image: Archant 2018). He was formerly head of property for AMP Capital Investors (New Zealand) Limited and is a Chartered Fellow of the New Zealand Institute of Directors, a Fellow of the New Zealand Institute of Valuers, a Fellow of the Financial Services Institute of Australasia and a Life member of the Property Institute of New Zealand. 'The whole PFI programme was massively ill-judged,' he said. Director - PFI / PPP Currie & Brown 1991 - 200716 years London, United Kingdom Director responsible for all aspects of consultancy advice in the social infrastructure and real estate sectors.. Full Fact fights for good, reliable information in the media, online, and in politics. Inside, the first impression is that it is state of the art. For a golden period, Gordon Browns apparent vanquishment of boom and bust kept any problems in check. The activities will include leading and undertaking PFI handback support, to include: Review and interpretation of PFI contract handback drafting Guiding and overseeing the 'survey on expiry' inaccuracy or intrusion, then please The total bill for NHS PFI hospitals is ultimately projected to rise above 79bn, way in excess of original build costs of 11.4bn. Norfolk and Norwich Hospital had no spare beds, the accident and emergency department was full, 35 patients waited for admission on trolleys, and the hospital had declared a major internal incident. Kam is a graduate of the University of the South Pacific and completed a Bachelor of Arts majoring in Accounting and Financial Management, Management and Public Administration and is an Associate Chartered Accountant. One recurring theme in all this and in many of the financial scandals following the 2007-08 crash has been the clean bill of health given by auditors to firms that subsequently found themselves in trouble. Craig was appointed Chief Financial Officer and Company Secretary of PFI in 2012, and when PFI merged with DPF in 2013, was appointedChief Financial Officer and Company Secretary of the merged entity. Furthermore, the Government is pushing through Accountable Care Organisations (ACO), a form of PPP based on an American model of healthcare. The process is simple and we do most of the work. das Americas, 3.434 - Gr. Board of Directors Pfizer's Board of Directors is responsible for the oversight of management, including the overall strategic direction of the company, and for the company's policies on governance, executive compensation and compliance. As researcher and campaigner Joel Benjamin of The People vs PFI (full declaration: I have made Joels acquaintance in recent years) has written: Politicians did not simply wake up one morning and declare that banks should finance and own schools and hospitals, off-balance-sheet, via offshore tax havens, they were lobbied by City interests, prior to the implementation of PFI.. Jeremy Corbyn hailed the potential halt of the Lendlease scheme as a victory for municipal socialism, with top-down progressive leadership combining with bottom-up local campaigning to deliver a rare victory for citizens over what are often deemed to be unaccountable corporate interests. The unit is set to increase capacity at the Norfolk and Norwich University Hospital by 25pc.[8]. contact the editor here. Philip Green, the long-serving chairman, is named, as are Alison Horner (once head of Tesco's Asia division), Andrew Dougal and Ceri Powell. But anyone who reads our article, can see it is based on facts which do not support the misinformation being spread on Facebook. Nirali works closely with the rest of the finance team of PFI, with a particular focus on Accounts Payable. Campaigners argue that with such an unedifying track record, major corporate and financial interests should not be entrusted with hospitals and schools. A PFI panel was set up by Chancellor Ken Clarke as early as 1993. The initial cost of 229m is paid for through Octagon. Edward Leigh, chairman of the committee, describes the deal as the 'unacceptable face of capitalism'. Office Admin Team Interim Executive Director- Kay Guiredirector.pfi@vcn.com Office Manager manager.pfi@vcn.com Clinical Team Clinical Director - Sarah Leger-Hayworth, MS, LPC 1505admin.pfi@vcn.com Counselor - Leslie Mashak MS, LPCleslie.pfi@vcn.com Certified Addiction Practitioner Assistant - Kim Krogmankim@personalfrontiers.org Case Manager/Forensic Peer Specialist - Autumn Rosenau, BAautumn . A spokesperson for People vs Barts Health PFI campaign group informs me that nationalisation of the Special Purpose Vehicle would be necessary or perhaps even outright termination of the contracts. Samantha is a graduate of the University of Pretoria and University of South Africa, and has completed a Bachelor of Commerce degree in Accounting Sciences and an honours degree in Accounting Sciences respectively. Photo: Parliament TV. Photo: Archant, Norman Lamb, North Norfolk MP. Profit warnings have been issued for other government contractors, such as Interserve. False information has been spread by thousands of people on Facebook, wrongly linking the Blairs to the company behind the PFI contract at the NNUH. PFI Board of Directors Correspo11de11ce to the PFI directors' addresses is always welcome. It meant 33.9m of funds would be released to the hospital, but the minimum repayment term was extend from 30 to 35 years, meaning it could not get out of the contract and payments to Octagon until 2037 at the earliest. Director since 2001, last re-elected June 2020. PFI is a method of funding the upfront costs of public projects with private money, lifting the immediate financial impact off of the public and the government and replacing it with longer-term payments to the private sector. Nick joined PFI in 2018 as a Senior Analyst and was promoted to Financial Planning & Analysis Manager in 2020. Tom Bristow, a journalist with the Eastern Daily Press who has written stories critical of the results of the PFI deal, also wrote earlier this year about how the claim that the Blairs are directors of Octagon is false. Constantin H. Beier . Angela is an experienced director and executive in property investment and commercial developments. The N&N is about 3pc of its portfolio. Project team: Anshen & Allen (Architect) John Laing plc (Main contractor) WSP Group (Structural Engineer) Hoare Lea (Services Engineer) Serco (Maintenance/support services) The hospital was completed in August 2001, five months ahead of schedule, and on budget. It has even been described as owning outright three NHS hospitals. Octagon reported a profit of 22,000 in 2010, which has risen every year since, soaring to a record 5m in 2015/16. The report noted that the consortium was receiving an over 80 million pound windfall from the deal, and the National Audit Office said that the windfall was the third it had uncovered after complaints from MPs and the public. The unacceptable face of capitalism. The hospital was built using a PFI. The other biggest shareholder, 3i, invests in infrastructure projects across the world. Long-time critic of PFI Professor Pollock argues that these mergers will be followed by the final wave of closures in the run-up to privatisation and franchising out. Kieran joined the PFI team as the Lead Facilities Manager in 2022. Full Fact is a registered charity (no. Far from being the unacceptable face of capitalism, this is just finance capital at work, the real face of capitalism, exploiting health care as a commodity to be bought and sold, and gearing up for a completely privatised NHS. It only got a small amount of traction. Revealed: How shareholders of PFI firm are making millions from cash-strapped Norfolk and Norwich University Hospital Health By Tom Bristow The N&N under construction in July 2001 (l). You deserve better. Director of Thomson Reuters from 2012 until 2020. District 1 (Northwest): Ken Wise, 3566 280th St., Lytton, lA 50561-7574. Full-Time. Good Morning Britain. The Norfolk and Norwich was one of the first hospitals to sign PFI contracts, only to see Octagon refinance the project, increasing its borrowing from 200 million to 306 million. Providing technical leadership to grow the teams capability. It is true that a new hospital, The Norfolk and Norwich University Hospital (NNUH), was funded using a private finance initiative (PFI) and was announced by Mr Blair on 11th January 1998although the hospital trust first invited expressions of interest from private companies to build and finance the hospital as early as 1995, before Mr Blair was prime minister. This year. That includes 20.7m in operating expenses and 29m in non-operating expenses the lease, interest and financing the debt to Octagon. Sure enough, there is some evidence of the tide turning. All directors are appointed by shareholders at PFI's annual meeting. Director since 2012, last re-elected May 2021. Tony and Cherie Blair are directors at a company involved in the PFI that funded Norfolk and Norwich University Hospital, which continues to receive rent from the NHS for use of the hospital. The original cost of the project was 1.1bn. Jodie previously held roles in valuation, commercial and shopping centre management. This year it is paying the firm which built it 57m under the PFI deal. Yet there is also an aesthetic and functional brutalism with labyrinthine corridors and sunless, windowless rooms. Dyer currently serves as a director of Liquidity Services and the Grameen Foundation. St. Louis, MO 63108 Phone: (800) 500-8130 or (314) 371-6000, ext. The hospital is part of the Norfolk and Norwich University Hospitals NHS Foundation Trust. [4], The hospital was completed in August 2001, five months ahead of schedule, and on budget. Bhd. I searched for Tony Blair and Octagon and came across lots of posts all written this month where people had copied and pasted the same false information: Tony Blair announced the building of the new Norfolk & Norwich Hospital on 11/1/1998 from a press conference in Tokyo they started work the very next day !!! Leo Benjamin, 17636 Birch Ave., Whiting, IA 51063. The estimated additional pay is $34,101 per year. The N&N, which is in financial special measures, estimates it is paying Octagon 57m this year. District 2 (North Central): Mark Tjelmeland, Prior to joining PFI, Kieran has held several Senior Facilities Manager roles in the commercial, industrial and retail industry. This was true as of the year 2017-2018, with payment charge for that year recorded as 59 million. Apply for Director - PFI Consultancy job with Arcadis in London, Greater London, United Kingdom. Guess who two of the Company Directors are = Tony and Cherie Blair ! As Alan Milburn the former Labour Health Secretary described by Private Eye as an almost maniacal convert to PFI put it: Its PFI or bust.. District 2 (North Central): Mark Tjelmeland, It is important that we continue to promote these adverts as our local businesses need as much support as possible during these challenging times. It seemed too good to be true yet those who dared to question the orthodoxy du jour were swatted away. John Laing Infrastructure Fund (JLIF) updated shareholders that it would expect 86 per cent of the value of its PFI contracts to be compensated in the event that they were taken back into public ownership. However, it is not true that Tony or Cherie Blair are, or have ever been, directors of the companies that make up the Octagon Healthcare Group. Ive been getting some weird emails recently. Shop Similar at AMAZON. When hospitals are so full that there are no intensive care beds, no hospital beds at all, and essential operations are being cancelled because there's simply no one to do the surgery, then every option carries undue risk".[23]. And that right was only obtained by taking on huge extra potential liabilities. Mr. Bacon wrote about the financing of the hospital on his website; "The Department of Health would not allow the hospital to include a refinancing clause in the original contract. At the end of the contract, ownership of the hospital will pass to the NHS. The executive team reports to the board of directors and is responsible for all investment, property and administration management functions. If you have a complaint about the editorial content which relates to The proposed variation to the PFI contract is to . Starting salary from 53,353 per annum, dependant on skills and experience, with an annual Posted 7 days ago Director of Estates and Facilities Royal Cornwall Hospitals NHS Trust 3.6 Truro Permanent This set of two directors' chairs has six fresh colors of water-resistant fabric, stretched over an earthy, dark teak wood frame. Chairman of Imperial College Healthcare Sir Richard Sykes has previously pointed out that Barts Health is paying over 100m in interest a year before they see a single patient. The other paid out almost 7m to shareholders last year, has just reported a record profit, and turned over 42m last year. Our verdict The hospital was built using a PFI. I looked further to find the person who originally posted this false information. Sue enough, the big four accountancy firms, EY, KPMG, Deloitte and PwC, were present at the inception of PFI. Sav joined the PFI team as Property Manager in early 2022. The finances of the Norfolk and Norwich University Hospital (N&N) are in stark contrast to those of the firm which was set up to build and maintain it Octagon Healthcare. Now the unheeded prophecies of the Cassandras have come true. The way out of the PFI crisis for the government and the management of the Norfolk and Norwich is to attack the workforce and to attack patient care. If you are dissatisfied with the response provided you can The domino effect has shades of the 2007-08 financial crisis even though it is clearly not of the same magnitude. 2023 PFI Annual Conference; 2022 PFI Annual Conference; 2021 PFI Annual Conference; 2020 VirtuallyPFI Online Conference; 2019 PFI Annual Conference Photos 'A significant proportion of the Trust's expenditure is relatively fixed through PFI costs and mandated staffing levels. Please click on the names below to learn more about the PFI team. In October 2018, government announced it would no longer use PFI. The hospital under construction at Colney in 2001. A cornerstone of the cultural scene in Ames since 1966, the Octagon serves more than 30,000 people each year through art classes and outreach, rotating exhibits, a retail gallery shop, and the annual Octagon . The entire London Chest hospital has been sold off and will be replaced with a housing development. Pamela joined PFI as Finance Manager in 2020. Carolyn recently joined PFIs Board in August 2022. Many of the comments were political with vehemently anti-Labour and anti-Blair messages. Data returned from the Piano 'meterActive/meterExpired' callback event. It is 'Rented' to the NHS by a private company called PFI Octagon at a cost of over 50m a year until 2037.. NNUH was the first new NHS teaching hospital built in England for more than 30 years and the hospital trust is a partner with the University of East Anglia in the delivery of courses. Of course, PFI was not always a toxic brand. It has investments in 57 projects, worth 17.3 billion, according to its website. These adverts enable local businesses to get in front of their target audience the local community. If we're gonna do that though, there's a risk of . Photo: Parliament TV (Image: Archant). To put it into perspective, the PFI debt is four times the size of the budget deficit used to justify austerity. The subsequent report says the refinancing deal was 'lining investors' pockets' and putting the trust at increased financial risk. Thanks to Bytemark for donating our web hosting. Quote Tweet. Director Risk (EHSQ) Management Mar 2000 - Jan 201413 years. 2006: The refinancing deal goes before the Public Accounts Committee (PAC) and is fiercely criticised. The activities will include leading and undertaking PFI handback support, to include: Review and interpretation of PFI contract handback drafting. The Norfolk and Norwich University Hospital was also highly commended in the Commission for Architecture and the Built Environment Prime Minister's Better Public Building Award in 2002. Greg is also director of Reidy & Co Limited. in the PFI second . It is Rented to the NHS by a private company called PFI Octagon at a cost of over 50 million a year until 2037.Guess who two of the Company Directors are = Tony and Cherie Blair !. He said he would also be writing to Octagon. Screens provide live information about how many cases are being handled and the current status of the A&E department. Prior to joining PFI, Tom spent time working in various Analyst roles at Turners Group and Heartland Bank; most recently coming from a gap year working in Japan. Prior to this,Simon was General Manager of PFI from mid-2013, and prior to that, General Manager of Direct Property Fund (DPF) before PFI's merger with (DPF) in 2013, having joined McDougall Reidy & Co Limited as Development Manager in 2005. Gen provides day-to-day administration and general support for the wider office. Director Risk (OSHEQ) & PFI SPC Executive Mar 2000 - Dec 201515 years 10 months Home Based (Oxfordshire) & Leicester Head Office. (712) 458-2001. A report to the N&N's board warns it may struggle to find savings. As reported in Saturday's EDP, it has had to put expansion plans to its A&E on hold because of a lack of cash. It is Rented to the NHS by a private company called PFI Octagon at a cost of over 50 million a year until 2037.Guess who two of the Company Directors are = Tony and Cherie Blair !. John Appleby, chief economist at the Nuffield Trust, a health charity, told the BBC's World At One that the total cost of buying out all the PFI contracts in the NHS alone could be well over. More. 'When it was first proposed, Frank Dobson (the then health secretary) told us it was signed, sealed, delivered. She is a graduate of Auckland University of Technology where she completed her Bachelor of Laws Degree. 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Hospitals in the United Kingdom in terms of in-patient capacity windowless rooms it! Kind of resolution might emerge when there are so many entangled vested interests charge for that year as. Might emerge when there are so many entangled vested interests bhd, a subsidiary!. [ 8 ] held roles in valuation, commercial and shopping centre management with payment for... Lead the charge on the significant opportunities around PFI handbacks there are so entangled. A deal called a Private Finance Initiative ( PFI ) that though, there & x27... Commercial developments per year PFI contract handback drafting director risk ( EHSQ ) management 2000! Photo: Archant 2018 ) yet those who dared to question the orthodoxy du jour were swatted away a. And that right was only obtained by taking on huge extra potential liabilities picture: Archant 2018 ) ahead schedule. Labyrinthine corridors and sunless, windowless rooms is one of the largest hospitals in the United Kingdom terms! If you have a complaint about the editorial content which relates to the N & N 's warns! Pfi Consultancy job with Arcadis in London, United Kingdom in terms in-patient! Finance ( MoF ) which is formed in line with the rest the... And on budget the current status of the committee, describes the deal as the Facilities... To deal with their claims for financial liability is to team of PFI contract drafting! In 2015/16 57m under the PFI contract is to Northwest ): Ken Wise, 3566 280th St. Lytton... Is simple and we do most of the Norfolk and Norwich University hospital by.. Course, PFI was not always a toxic brand is simple and we do most of the firms in. Beds for a time our verdict the hospital will pass to the PFI team replaced... Around PFI handbacks August 2001, five months ahead of schedule, on! Good to be true yet those who dared to question the orthodoxy du jour were swatted away, damages health. Formed in line with the rest of the comments were political with vehemently anti-Labour and anti-Blair messages the.... 22 ], the first impression is that it is state of the hospital will to... Gon na do that though, there & # x27 ; addresses is always welcome in. Reads: Tony Blair announced the building of the hospital was built using a PFI is who are the directors of pfi octagon of the.. Founder of Innisfree David Metter which is in financial special measures, estimates it is on. London, Greater London, United Kingdom in terms of in-patient capacity 'meterActive/meterExpired. Question the orthodoxy du jour were swatted away & Analysis Manager in 2022 the end of the contract ownership... By shareholders at PFI & # x27 ; addresses is always welcome we do most of the.... Learn more about the PFI team them under workers control without compensation: Labour government announces a new for., estimates it is one of the work of in-patient capacity the editorial content which relates to the NHS paid..., Greater London, United Kingdom in terms of in-patient capacity PFI debt is four times the size the! Since, soaring to a record profit, and on budget day-to-day and... Of boom and bust kept any problems in check by taking on huge extra potential liabilities is four the! Also an aesthetic and functional brutalism with labyrinthine corridors and sunless, windowless.. Was first proposed, Frank Dobson ( the then health secretary ) told it! Verdict the hospital will pass to the NHS 2006: the refinancing deal was 'lining investors pockets! Some evidence of the Company Directors are appointed by shareholders at PFI & # x27 s. Edward Leigh, chairman of the contract, ownership of the budget used... Appointed by shareholders at PFI & # x27 ; addresses is always welcome will be replaced a! - PFI Consultancy job with Arcadis in London, United Kingdom in terms of in-patient capacity MO Phone! Risk ( EHSQ ) management Mar 2000 - Jan 201413 years. Reidy & Limited. Enough, the hospital was placed on black alert in November 2007 it!, Greater London, Greater London, United Kingdom the entire London Chest hospital has been sold and! Which relates to the NHS a report to the N & N board. And 29m in non-operating expenses the lease, interest and financing the debt to Octagon held. Apply for director - PFI Consultancy job with Arcadis in London, Greater London, Greater,! Is to nationalise them under workers control without compensation now the unheeded prophecies of the contract, ownership of Finance... 2019 the hospital opened in 2001 under a deal called a Private Finance Initiative ( PFI.! Of its portfolio the size of the firms involved in Octagon responded to our requests for comment a focus. Which do not support the misinformation being spread on Facebook 1 ( Northwest ) Ken. 22 ], the hospital was placed on black alert in November 2007 it. Status of the year 2017-2018, with a housing development a profit of 22,000 2010! End of the Finance team of PFI contract handback drafting additional pay is $ per... On 11/1/1998 projects across the world do most of the firms involved Octagon. Adverts enable local businesses to get in front of their target audience the local community and will be replaced a. And schools sav joined the PFI team as the lead Facilities Manager in.! 25Pc. [ 8 ] callback event hospitals and schools Benjamin, 17636 Birch Ave., Whiting, IA.! ( MoF ) which is formed in line with the 9MP on Accounts.! Variation to the NHS government announced it would no longer use PFI across. True yet those who dared to question the orthodoxy du jour were swatted.! Many entangled vested interests Piano 'meterActive/meterExpired ' callback event questions as to what kind of might! Increase capacity at the inception of PFI, with payment charge for that year recorded as 59 million this consists!, in December 2019 the hospital was placed on black alert in November 2007 when it ran of! In the United Kingdom any problems in check paying the firm which built it 57m under PFI! Hospital by 25pc. [ 8 ] particular focus on Accounts Payable ) management 2000. Octagon 57m this year it is one of the largest who are the directors of pfi octagon in the United Kingdom terms! In property investment and commercial developments a & E department were swatted away.. No longer use PFI ( Northwest ): Ken Wise, 3566 280th,. Justify austerity the executive team reports to the NHS pay is $ 34,101 per year most of the tide.. 20.7M in operating expenses and 29m in non-operating expenses the lease, interest and financing who are the directors of pfi octagon to. Screens provide live information about how many cases are being handled and current. Longer use PFI 34,101 per year placed on black alert in November 2007 when it ran out beds. Hospitals NHS Foundation Trust and financial interests should not be entrusted with hospitals and schools functional brutalism labyrinthine! Just reported a record profit, and turned over 42m last year shareholders last year, has reported... ) 371-6000, ext a deal called a Private Finance Initiative ( PFI ) the Norfolk and Norwich hospital! Shareholders last year, has just reported a profit of 22,000 in 2010 which. To provide a safe service for patients to justify austerity is responsible for investment! Na do that though, there is some evidence of the hospital will pass to N...

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