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Private Finance Initiative

Volume 404: debated on Tuesday 6 May 2003

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To ask the Secretary of State for Education and Skills if he will make a statement on the expected saving to public funds from the private finance initiative schemes due to become operational in 2003. [105719]

I refer the hon. Member to the reply given by my right hon. Friend the Chief Secretary to the Treasury on 10 April 2003, Official report, column 400W.

To ask the Secretary of State for Education and Skills who will cover PFI repayments on schools closed before the end of the repayment period. [110682]

Closure of a school which is part of a PFI contract would represent partial or full termination of the contract, depending on whether it was a grouped or single schools project. Termination of a contract would not lead the Government to reassess the level of revenue support due to a local authority, other than in exceptional circumstances.