§ 35. Mr. Andrew TurnerTo ask the Chancellor of the Exchequer what the aggregate debt is authorised through PFI projects by the Government sine 1997. [35780]
§ Mr. Andrew SmithThe annual Financial Statement and Budget Report sets out the estimated level of payments under PFI contracts for the next 25 years. In my answer to my hon. Friend the Member for Eccles (Ian Stewart) on 7 February 2002,Official Report, columns 1144–46W, I updated this table.
These figures represent expected payments for services delivered under PFI contracts. Such payments are conditional on the delivery of services to the agreed standard and may be terminated or abated in the event of failure to do so.