Skip to main content

Departments: Private Finance Initiative

Volume 463: debated on Monday 3 September 2007

To ask the Secretary of State for Innovation, Universities and Skills what the total cost is of all private finance initiative projects for which his Department has responsibility completed since 1997; and what the projected cost is of such projects commissioned or underway. (148014)

Information on all signed private finance initiative contracts, including balance sheet treatment and future unitary charges, is included in HM Treasury's PFI Signed Projects List, which is available through

www.hm.treasury.gov.uk/documents/public_private_partnerships/ppp_pfi_stats.

The information covers the unitary charge payment projections up to 2033-34. (A unitary charge can frequently include capital repayments, service provision, inflation and major refurbishment).

This is a working document containing information on current signed PFI projects. It is updated on a six-monthly basis to reflect the updates HM Treasury receives from Departments at Budget and pre-Budget report.

An announcement will be made in the autumn on the amount of PFI credits likely to be available in the comprehensive review period from 2008 to 2011.