HC Deb 11 February 2002 vol 380 c71W
Mr. Bercow

To ask the Secretary of State for Trade and Industry what the total cost to her Department was for accountancy services in each of the last four years. [34178]

Ms Hewitt

The Department entered into a contract for the provision of accounts with CSL Group Ltd., effective from 1 April 1995. The contract, which covered an initial period of five years, was extended for a further two years. The cost of services is in part dependent upon volume of transactions. The average cost is approximately £2 million per annum.

The Department has also entered into a PFI agreement for the development of a new financial accounting system. Under the terms of the agreement, the costs of development (approx £10 million) are recoverable over the (10-year) life of the system.

£ million
Accounts services provision PFI agreement
1997–98 2 0
1998–99 2 0.5
1999–2000 2 1.1
2000–01 2 1.4