HC Deb 25 July 2000 vol 354 cc502-3W
Mr. Matthew Taylor

To ask the Secretary of State for Health, pursuant to his answer of 13 July 2000,Official Report, column 684W, what the values of the public sector comparator and PFI alternatives are in (a) pre-risk and (b) risk-adjusted terms at full business case and financial close stage for the (i) Rochdale, (ii) Royal Berkshire, (iii) Central Sheffield and (iv) Guys and St. Thomas's hospital projects. [131614]

Mr. Denham

[holding answer 20 July 2000]: Private finance initiative was considered in all four schemes, and in each case did not produce a suitable solution. For the schemes at Rochdale and Central Sheffield PFI was identified as unsuitable early in the procurement process and not pursued further. Comparative figures are therefore unavailable. The figures for the schemes at Royal Berkshire and Guys and St. Thomas's are shown in the tables.

£000
Public Sector Comparator PFI Option
Royal Berkshire
Whole scheme (1994) No realistic PFI proposal identified
Partial PFI (1997) NPC over 60 years—(not risk adjusted) 10,096 13,180
Guys and St. Thomas's
Net present value—pre-risk adjusted 357.8 497.1
Net present value—post-risk adjusted 377.2 497.1

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