Private Finance Initiative

HC Deb 07 December 1995 vol 268 c331W

Mr. Betts

To ask the President of the Board of Trade if he will list for each scheme so far agreed under the private finance initiative the revenue commitment entered into by the Government for each year until the commitment ceases. [3419]

Mr. John M. Taylor

Although my Department has a number of PFI projects under consideration, none has been finally agreed and no revenue commitments have been made.

Mr. Betts

To ask the President of the Board of Trade if he will list the policy changes which will arise from the final agreement in respect of each scheme agreed under the private finance initiative. [3420]

Mr. Taylor

The agreement of schemes under the private finance initiative within my Department will not result in changes to policy on the PFI, which have been set out by the Government. Those schemes that have been agreed, however, represent the application of PFI policy and the lessons learned are set out in the publication "Private Opportunity, Public Benefit". This is published jointly by HM Treasury and the private finance panel, and a copy is available in the Library of the House.