Private Finance Initiative

HC Deb 13 March 1997 vol 292 c341W

Mr. Simon Hughes

To ask the Secretary of State for Health what estimate he has made of the number of PFI contracts which have been signed by 30 March(a) 1997 and (b) 1998. [19415]

Mr. Horam

Information on estimated future dates of contract signature is held centrally only for major private finance initiative schemes, generally with a capital value of over £10 million, which have at least reached preferred bidder stage. Of these schemes, it is estimated that three will have signed commercial contracts by 30 March 1997 and that a further 20 will have signed commercial contracts by 30 March 1998. Commercial contracts for 47 PFI schemes, of £1 million or above, have already been signed.