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Private Finance Initiative

Volume 405: debated on Tuesday 13 May 2003

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To ask the Secretary of State for Northern Ireland if he will make a statement on the expected saving to future funds from the private finance initiative schemes due to become operational in 2003. [105769]

The Northern Ireland Office do not as yet have any Private Finance Initiative schemes in operation. The information for the Northern Ireland Administration is as follows:

The Classroom 2000 (C2K) project to provide information and communication technology infrastructure needed in schools in Northern Ireland shows a Net Present Value saving against the Public Sector Comparator (PSC) of £12 million, representing 7 per cent. of the PSC; and
the Driver and Vehicle Testing Agency's Vehicle Testing project to equip vehicle testing centres throughout Northern Ireland with the latest computerised vehicle testing technology fully meeting EU testing obligations has a Net Present Value saving against the Public Sector Comparator (PSC) of £6 million, representing 16 per cent. of the PSC.