§ Mr. TyrieTo ask the Chancellor of the Exchequer, pursuant to his answer of 2 July 2002,Official Report, column 120W, on PFI contracts, what estimate his Department has made of the payments under PFI contracts for each year from 2002–03 to 2027–28 for Government PFI deals which are expected to reach preferred bidder stage in the next three years. [71927]
§ Mr. BoatengDuring the competitive process, before a preferred bidder is selected, it is not possible to determine with any degree of accuracy exactly what the long term payment obligations are likely to be for any project. However, once projects have reached preferred bidder status, Departmental estimates of the relevant future service payments are published twice a year.
The most recent publication of this information can be found in the Financial Statement and Budget Report 2002, Table C 19. As is customary, I shall provide an update of these figures later this year.