§ Mr. BercowTo ask the Secretary of State for Health what estimate he has made of the total savings to public funds of the Private Finance Initiative contract for a medium secure unit for the Oxfordshire Mental Health Care NHS Trust by comparison with a non-Private Finance Initiative alternative. [49536]
§ Ms BlearsThe business case justifying the individual schemes estimated the net savings in present value terms (ie all future costs and benefits discounted to their present values) compared with publicly funding the scheme as follows:
Net present costs of PSC v. PFI option Trust PFI (£000) Public (£000) Savings in net present value terms (£000) Difference (Percentage) Oxfordshire Mental Healthcare NHS Trust 3,707 3,777 70 2