HC Deb 08 May 2002 vol 385 cc256-7W
Mr. Bercow

To ask the Secretary of State for Health (1) what estimate he has made of the total savings to public funds of the Private Finance Initiative contract for the Nottingham university CHP generator for the Queen's Medical Centre by comparison with a non-Private Finance Initiative alternative; [49512]

(2) what estimate he has made of the total savings to public funds of the Private Finance Initiative contract for the elderly mental health for the Rotherham Priority Health NHS Trust by comparison with a non-Private Finance Initiative alternative; [49522]

(3) what estimate he has made of the total savings to public funds of the Private Finance Initiative contract for the Queen's Medical Centre ENT Ophthalmology Capital Scheme for the Queen's Medical Centre NHS Trust by comparison with a non-Private Finance Initiative alternative. [49544]

Yvette Cooper

The business case justifying the individual schemes estimating the net savings in present value terms (ie all future costs and benefits discounted to

Net present costs of PSC v PFI option
£000
Trust PFI Public Savings in net present value terms Percentage difference
Rotherham Priority Health Services—Elderly mental health 'Swallownest' scheme 8,166 9,517 1,351 14
Queen's Medical Centre, Nottingham—combined heat and power generator 20,932 21,397 465 2
Queen's Medical Centre, Nottingham—ENT ophthalmology 24,284 28,226 3,942 14

Note: Published guidance on Public Sector Comparators notes that: "Accounting Officers should not rely solely on a straight comparison of a PFI bid to its PSC, which should never be regarded as a pass/fail test but instead as a quantitative way of informing judgment". (Treasury Taskforce Technical Note No. 5: How to construct a public sector comparator