§ Mr. Bercow
To ask the Secretary of State for Transport, Local Government and the Regions what estimate he has made of the total savings of the Private Finance Initiative contract for the(a) Ml/A1 Link Road, (b) A 1 (M), (c) A30/35, (d)M40, (e) A417/419, (f) A19, (g) A50, (h) A69 and (i) second Severn Crossing by comparison with a non-Private Finance Initiative alternative. 
§ Mr. Jamieson
The following figures show the savings estimated at the time of contract award.50W
£ million Project Public sector comparator Winning DBFO bid Estimated saving M1-A1 344 232 112 A1(M) 204 154 50 A419/A417 123 112 11 A69 57 62 (5) M40 276 182 94 A19 177 136 41 A50 77 67 10 A30/A35 149 148 1 Total 1,407 1,093 314
Figures are net present values calculated at an 8 per cent. real discount rate. This was the rate used for assessing road projects at the time of contract award.
I understand that the publicly and privately financed options for the second Severn Crossing were evenly matched.