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PPP and PFI

Volume 455: debated on Thursday 18 January 2007

To ask the Chancellor of the Exchequer how many contractors have claimed success fees in bid competitions since the establishment of public private partnerships and private finance initiatives; and at what cost to the public purse. (115687)

The Treasury is not aware of any situations where contractors have claimed specific success fees. The successful company in a PPP or PFI bidding competition will, upon the finalisation of the contract, receive payments as specified in this contract for the assets and services it has agreed to deliver. Information on the sums payable for PFI contracts are available on the Treasury’s signed deals list at:

www.hm-treasury.gov.uk/documents/public_private _partnerships/