§ Mr. CohenTo ask the Chancellor of the Exchequer if he will list the PFI and PPP totals envisaged for all projects, including London Underground, indicating how much in each case the proposed public spending content is. [159246]
§ Mr. Andrew SmithThe latest Budget statement contained a breakdown by Department of the estimated private sector investment resulting from signed contracts, and those expected to reach preferred bidder stage within the next three years. A more detailed breakdown of these investments can be found in table C16 and table C17 of the FSBR 2001.
In addition to these PFIs, there are two major public-private partnerships envisaged, London Underground (LU) and National Air Traffic Services. The financial requirements of London Underground under the public-private partnership will not finally be known until negotiations with preferred bidders have been completed. It is still too early to give the precise investment associated with NATS.
Table C18 of FSBR 2001 shows a forecast of estimates by the public sector flowing from private sector investment in signed projects over the next 25 years.