Subject Predicate Object
esrR8YNq
a
Resource
Answer
Written answer
answer has question
Vi6aKG5i
answer has answering person
Daniel Grian Alexander
answer text
For each PFI project, a special purpose project company is established by the private sector equity sponsors. It is with this project company that the public sector authority contracts under PFI for the delivery of an asset and services over the project term.For most sectors, the project contract requires the project company to confirm that it is a UK resident company, and to undertake that it will remain so for the duration of the contract.Treasury does not hold information on any PFI contracts that would indicate that project companies have migrated overseas, however Treasury and HMRC cannot verify this as the Treasury does not hold the names of the special purpose project company for each PFI project—this information is held by each procuring authority.
answer given date
answer has answering body
HM Treasury
written answer has answering body
HM Treasury
HM Treasury
answering body has written answer
esrR8YNq
answering body has answer
esrR8YNq
Vi6aKG5i
question has answer
esrR8YNq
Daniel Grian Alexander
answering person has answer
esrR8YNq