§ Ms ShipleyTo ask the Secretary of State for Education and Skills how many local education authorities award PFI credits for capital investment into1038W new buildings and major refurbishments have been made; what the capital value of each project is; and what stage they are in the PFI procurement process. [59836]
§ Mr. Ivan Lewis68 local education authority schools projects have been awarded PFI credits for new buildings or major refurbishments. Of these, 44 have reached financial and/or commercial close, with a total capital value of £1.229 billion. Another 24 projects are in procurement, having been approved by the Treasury-chaired Project Review Group (PRG). Details of these projects are given on the Department's website at www.teachernet.gov.uk/schoolsprivatefinanceinitiative. A further 30 projects have been awarded PFI credits on a provisional basis and are currently preparing Outline Business Cases for consideration by the PRG.
The capital value in terms of PFI credits for each of the 44 signed projects is shown in the table. The capital value of the 24 projects in procurement and the 30 provisionally approved projects is subject to change.
Local authorities PFI credits (£ million) Dorset 15.6 Kingston-upon-Hull 2.8 Hillingdon 18.8 Enfield 15.9 Portsmouth 12.4 Leeds 4.1 Birmingham 50.6 Waltham Forest 18.5 Manchester 3.7 East Sussex 19.0 Essex 11.1 Torbay 14.2 Staffordshire 13.7 Sheffield 58.8 Wiltshire 38.6 Stoke-on-Trent 93.0 Haringey 62.5 East Riding 26.0 Brent 9.0 Cornwall 60.7 Derbyshire 29.0 Kent 11.6 Kirklees 59.2 Lancashire 13.4 Liverpool 10.8 Newham 30.0 North Yorkshire 7.2 Wirral 58.5 Redbridge 20.0 Sunderland 12.0 Lincolnshire 12.8 Leeds 45.2 Liverpool 72.5 Southampton 42.6 Dudley 22.0 Brighton and Hove 24.8 Bolton 3.2 Newcastle 47.1 Nottinghamshire 17.2 Stockton 6.1 Tower Hamlets — Mulberry 17.4 Tower Hamlets — Grouped Pilot 88.5 Walsall 8.2 Tameside 20.9 Total 1,229.2