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Departments: Private Finance Initiative

Volume 463: debated on Tuesday 17 July 2007

To ask the Secretary of State for Business, Enterprise and Regulatory Reform what the total cost is of all the private finance initiative projects for which his Department has responsibility that have been completed since 1997; and what the projected cost is of such projects that have been commissioned or are under way. (148026)

BERR holds one operational PFI contract, which is with its IT service provider Fujitsu Services. This contract was signed in 1998: it began in 1999 and is due to end in 2014.

Expenditure to date under this contract has been £288.7 million.

Projected expenditure, for the rest of the life of the contract, is expected to be £243.5 million.

Total project cost of this service is expected to be £532.2 million.