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Private Finance Initiative

Volume 698: debated on Monday 21 January 2008

asked Her Majesty's Government:

What projections exist for increased private finance initiative contracts in 2008-09 in the United Kingdom; and what are the estimated debts arising from them to be incurred by the Exchequer. [HL1196]

Projections of future PFI projects are published at the Pre-Budget Report and Budget each year. The most recent can be found in tables 17 to 19 of PBR/CSR 2007: the economy and public finance—supplementary charts and tables, which is available from the Treasury website at www.hm-treasury.gov.uk/media/2/B/pbr_csr07_ economy907.pdf.

These tables show the total capital value of the PFI projects, the estimated capital spend in 2007-08 and 2008-09 and the estimated future unitary charge payments.