Private Finance Initiative

Lord Ouseley
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]

Lord Davies of Oldham
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.