To ask the Secretary of State for Children, Schools and Families what recent estimate he has made of the (a) annual and (b) net present value costs of the Building Schools for the Future programme in each year between 2003-04 and 2020-21; and if he will make a statement. (150700)

Currently we are investing around £2.2 billion a year through the Building Schools for the Future programme. An announcement about the level of investment over the next spending period 2008-09 to 2010-11 will be made later this year. Beyond that, future levels of investment will depend on the outcome of future spending decisions. My Department has made no estimate of the net present value of costs.