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Mr. Austin Mitchell
To ask the Secretary of State for Trade and Industry what plans she has to (a) investigate and publish the profits made by participating companies on PFI deals and (b) compare the costs of each PFI with the estimated costs if kept in the public sector after 10 years. [114911]
Ms Hewitt
PFI is only pursued on the basis of an unambiguous value for money case, including an assessment of the financial cost of both the PFI and nonPFI procurement options over the whole life of the contract, and a rigorous competitive process.Company profits associated with PFI projects are a matter for the shareholders in each case and annual accounts will be deposited with Companies House where appropriate.