HC Deb 17 December 1996 vol 287 cc510-1W
Mr. Timms

To ask the Chancellor of the Exchequer (1) which of the projects in the list entitled "Agreed Private Finance Initiative Projects" as of 26 November 1996, issued by the private finance unit, are signed projects; [9327]

(2) if he will make a statement on (a) the cash sum attached to and (b) the projected duration of each project in the list entitled, "Agreed Private Finance Initiative Projects" as of 26 November 1996, issued by the private finance unit; [9329]

(3) if he will place a copy of the list entitled "Agreed Private Finance Initiative Projects" as of 26 November 1996, issued by the private finance unit, in the Library; and if he will place updated lists in the Library on a monthly basis; [9328]

(4) to whom (a) the list, "Agreed Private Finance Initiative Projects" as of 26 November 1996, issued by private finance unit, and (b) predecessor versions of the list have been issued; and if he will place a copy of the list in the Library. [9326]

Mr. Jack

[holding answer 16 December 1996]Of the projects listed in the document dated 26 November, Departments advised the Treasury that those which are signed are as follows;

  • Signed
  • Dartford Bridge
  • Second Severn Bridge
  • Skye Bridge
  • Heathrow Express
  • Royal Armouries
  • NIRS2
  • Northern Line Trains
  • Greenwich Accommodation
  • LISA IT project
  • Bridgend Prison
  • CTRL
  • A69
  • 511
  • A419
  • M1-A1
  • A1(M)
  • Waltham Forest HAT
  • German White Vehicles
  • Fazakerley Prison
  • A50
  • Immigration IT
  • OSIRIS (IT)
  • BA/POCL
  • A30
  • University Hospital Wales
  • MOD Handling Vehicles
  • TAFMIS IT
  • RAF White Vehicles
  • Naval Recruitment and Training
  • Lewisham DLR
  • M40
  • A19
  • Lowdham Grange Prison
  • Croydon Tramlink
  • Norfolk and Norwich Hospital

The list of 26 November represents a snapshot of significant PFI projects that individual departments have drawn to the attention of the Treasury's PFU. It was designed to provide an indication of the main areas of PH activity, and may not be fully comprehensive. However I will arrange for a copy to be placed in the Library. I will arrange for similar updated lists to be placed there on a quarterly basis which reflects the regularity with which this information is now collected. However, primary responsibility for detailed project, or sector specific, information remains with individual Departments.

The cash sums alongside each project represents each Department's estimate on 26 November of expected capital investment associated with that particular project. The projected duration of each individual contract is not held centrally.

The list is available on request form the Treasury PFU and forms part of an information pack which is sent to people expressing a general interest in PFI. The list is updated from time to time. A previous version was included in the press pack accompanying the recent private finance panel conference.