25 July 2006
Philip Dunne questions the Chancellor about PFI contracts that are completed, contracted or subject to current tender.

Mr. Dunne: To ask the Chancellor of the Exchequer how many private finance initiative contracts commissioned directly by each Government Department and Government Agency in each year since 1997 (a) have been completed, (b) have been contracted but not completed and (c) are subject to current tender; and what the aggregate value is in each case. [88676]

John Healey: There are currently over 500 projects that have been signed and are now in operation.

Around a further 200 projects have reached financial close, but are yet to become operational.

The combined capital value of all signed projects is over £48 billion. Information on PFI projects that have reached financial close may be obtained from the 'PFI Signed Projects List' on the Treasury's public website.

At the time of the Budget around 80 projects were at the preferred bidder stage and around 155 had yet to appoint a preferred bidder. The estimated aggregate capital value of these projects is around £26 billion. The capital value of projects at preferred bidder stage is shown in table C18 of the Budget.

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