§ Mr. TimmsTo ask the Secretary of State for the Home Department what information is collated centrally on(a) the long-term revenue commitments and (b) any other commitments arising as a result of private finance initiative projects agreed by (i) his Department and (ii) agencies accountable to his Department. [5083]
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§ Mr. HowardThe Government response to the Treasury Committee report on the private finance initiative agreed the importance of collecting and monitoring information on future spending commitments arising from contracts under the PFI. Such information is now being collected. The response stated that aggregate projections of the level of expenditure that is expected to arise from signed contracts under the initiative would be published in the 1997–98 "Financial Statement and Budget Report."
Any other commitments specific to particular projects, including those incurred by the supplier, are monitored by managers responsible for ensuring that satisfactory service is received. Contingent liabilities are reported to Parliament.