§ Mr. BercowTo 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 Black Country Mental Health NHS Trust by comparison with a non-Private Finance Initiative alternative [49519]
(2) what estimate he has made of the total savings to public funds of the Private Finance Initiative contract for the Bucknall Hospital Psychiatric Unit for the North Staffordshire Combined Health Care NHS Trust by comparison with a non-Private Finance Initiative alternative; [49543]
(3) what estimate he has made of the total savings to public funds of the Private Finance Initiative contract for Monyhull for the South Birmingham Mental Health NHS Trust by comparison with a non-Private Finance Initiative alternative. [49525]
398W
§ Yvette CooperThe business case justifying the individual schemes estimating the net savings in present value terms (i.e. all future costs and benefits discounted to their present values) compared with publicly funding the scheme is shown in the table.
Annual Equivalent Costs of PSC v. PFI Option NHS TRUST PFI £000s Public £000s Savings in EAC terms £000s per cent Difference North Staffordshire Combined Healthcare 26,608 26,663 55 0.20 South Birmingham Mental Health 2,336 2,364 28 1.18 Black Country Mental Health 4,099 4,099.5 0.5 0.01
§ 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 the Standard Court Health Authority headquarters for the Nottingham Health Authority by comparison with a non-Private Finance Initiative alternative. [49510]
§ Jacqui SmithThe business case justifying this scheme estimating the net savings in present value terms (i.e. all future costs and benefits discounted to their present values) compared with publicly funding the scheme is shown in the table.
Net Present Costs of PSC v. PFI Option Scheme PFI £000s Public £000s Savings in net present value terms £s per cent Difference Nottingham Health Authority 2801 3408 607 17.8 Headquarters-Standard Court 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 judgement". (Treasury Taskforce Technical Note No. 5: How to construct a public sector comparator.)