HC Deb 17 January 1997 vol 288 c420W
Mr. Morgan

To ask the Secretary of State for Wales who will own the information technology equipment used in his Department's OSIRIS office automation project at the end of the operating lease period. [11610]

Mr. Hague

The OSIRIS contract is let under the private finance initiative and is not a leasing arrangement. Ownership of the equipment after the end of the contract period will rest with Siemens Business Services. The Welsh Office, and any subsequent contractor, has an option to buy the equipment at that time at a price which reflects the fair market value of the assets.