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Waste Management: Private Finance Initiative

Volume 475: debated on Thursday 15 May 2008

To ask the Secretary of State for Environment, Food and Rural Affairs how many local authorities have received private finance initiative finance from his Department for waste schemes; how much has been paid over the last three years; and for what purposes. (205016)

To date, 27 projects have been approved for private finance initiative (PFI) credits for sustainable waste management facilities. 21 have been proposed by individual authorities and six by partnerships of neighbouring authorities.

In most cases PFI credits are paid to authorities on an annuity basis, this means that credits are paid over the lifetime of the contract as a revenue payment to support the capital cost of the infrastructure being delivered.

Over the last three years, six of these projects have become eligible to claim credits, the amount they have claimed is:

£

Authority

2005-06

2006-07

2007-08

Total

Cornwall county council

0

1,266,785.84

3,378,095.57

4,644,881.41

Northumberland county council

0

0

3,009,129.62

3,009,129.62

Lancashire county council

0

0

6,558,455.34

6,558,455.34

Shropshire county council

0

0

1,459,009.28

1,459,009.28

Nottinghamshire county council

0

2,374,819.47

2,998,509.43

5,373,328.90

Central Berkshire district council1

0

870,630.54

2,981,611.44

3,852,241.98

1 Payments made to Reading borough council

Other PFI projects that started claiming prior to April 2005 have also been in receipt of grant over the last three years. These figures are not available at this time.

The specific details on each project can be found on the DEFRA website.