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Private Finance Initiative

Volume 268: debated on Thursday 7 December 1995

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To ask the Secretary of State for the Home Department if he will list for each scheme so far agreed under the private finance initiative the revenue commitment entered into by the Government for each year until the commitment ceases. [3409]

The Home Office has entered into two contractual agreements under the private finance initiative.The estimated revenue commitment per year for the police national network service is not available. Individual police forces' purchase usage of the network from public funds, but the value during the lifetime of the scheme will depend on demand. The contract is for five years.

The lease for the Gatwick airport immigration detention facility is for 25 years. Rental is £987,000 per annum fixed for the next five years. After this period the rental will be re-negotiated. There will also be a separately negotiated management contract.

To ask the Secretary of State for the Home Department if he will list the policy changes which will arise from the final agreement in respect of each scheme agreed under the private finance initiative. [3410]

The agreement of schemes under the private finance initiative does not result in changes to the policy of the Government on the PFI. Agreed schemes do, however, represent the application of the PFI policy and offer us the opportunity further to refine the process of implementation. The lessons learned are set out in the publication "Private Opportunity, Public Benefit". This is published jointly by HM Treasury and the private finance panel, and a copy is available in the Library.