§ Mrs. DunwoodyTo ask the Secretary of State for Transport, Local Government and the Regions what plans he has to review the Government's policy regarding the ownership and structure of the railway industry. [1018]
PFI contract (contracting authority in brackets) Date of contract signature Does contract contain clause to recompense public funds in the event of refinancing by the private sector? Notes Channel Tunnel Rail Link February 1996 No DTLR would directly benefit from any refinancing through a reduction in the requirement for an operating subsidy in future years Birmingham North Relief Road (Highways Agency) February 1992 No Finance for the Birmingham Northern Relief Road has yet to be finalised A69 Carlisle to Newcastle (Highways Agency) January 1996 No — A1(M) Alconbury to Peterborough (Highways Agency) February 1996 No Refinancing not relevant due to use of bond finance A419/A417 Swindon to Gloucester (Highways Agency) February 1996 No Refinancing not relevant due to use of bond finance M1-A1 Lofthouse to Bramham Link Road (Highways Agency) March 1996 No Refinancing discussions in progress with Highways Agency A50 Stoke to Derby (Highways Agency) May 1996 No — A30/A35 Exeter to Bere Regis (Highways Agency) July 1996 No — A19/A168 Dishforth to Tyne Tunnel (Highways Agency) August 1996 No This contract has been refinanced and Highways Agency will obtain a share of the benefit M40 Denham to Warwick (Highways Agency) October 1996 No Refinancing discussions in progress with Highways Agency MOT Computerisation (Vehicle Inspectorate) February 2000 No — Traffic Control Centre (Highways Agency) March 2001 Yes —