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1003613
star this property registered interest false more like this
star this property date less than 2018-11-09more like thismore than 2018-11-09
star this property answering body
Department for Transport more like this
star this property answering dept id 27 more like this
unstar this property answering dept short name Transport more like this
star this property answering dept sort name Transport more like this
star this property hansard heading Department for Transport: Private Finance Initiative remove filter
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Transport, what his Department's definition is of private finance in relation to infrastructure projects. more like this
star this property tabling member constituency Richmond Park more like this
star this property tabling member printed
Zac Goldsmith more like this
star this property uin 189687 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2018-11-14more like thismore than 2018-11-14
star this property answer text <p>Private finance is a way to deliver infrastructure projects in which the private sector invests equity and/or lends in order to facilitate the development, delivery, acquisition, and/or operation of a project, asset or entity with the expectation of earning a return on the investment commensurate with the risk.</p><p> </p> more like this
star this property answering member constituency Wealden more like this
star this property answering member printed Ms Nusrat Ghani more like this
star this property question first answered
less than 2018-11-14T10:47:53.447Zmore like thismore than 2018-11-14T10:47:53.447Z
star this property answering member
4460
star this property label Biography information for Ms Nusrat Ghani more like this
star this property tabling member
4062
unstar this property label Biography information for Lord Goldsmith of Richmond Park more like this
1240301
star this property registered interest false more like this
star this property date less than 2020-10-05more like thismore than 2020-10-05
star this property answering body
Department for Transport more like this
star this property answering dept id 27 more like this
unstar this property answering dept short name Transport more like this
star this property answering dept sort name Transport more like this
star this property hansard heading Department for Transport: Private Finance Initiative remove filter
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Transport, what live PFI contracts his Department has; and for each of those contracts (a) what service is provided, (b) when the contract became live, (c) what the remaining term of the contract is and (d) what the annual repayments are. more like this
star this property tabling member constituency Kilmarnock and Loudoun more like this
star this property tabling member printed
Alan Brown more like this
star this property uin 99033 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2020-10-12more like thismore than 2020-10-12
star this property answer text <p>The Department for Transport has an operational PFI Portfolio of 56 Projects. The largest sub-sector of the portfolio is in street lighting, with 31 projects. The majority, 41 of our 56 PFI projects, are contracted by Local Authorities. The DfT’s PFI Portfolio has a total Capital Value of £6.97bn. The PFI portfolio carries a total public sector whole-life Unitary Charge liability of £33.7bn. The whole-life direct liability to DfT is £29.5bn as PFI credits for local authority projects are topped up locally to meet the unitary charge payments. For detailed data on when contracts became live, their remaining term and the annual repayments, please refer to background note below.</p><p> </p><p>This information is also published annually by the IPA, for DFT and all other central government departments. This can be found here: <a href="http://www.gov.uk/government/publications/private-finance-initiative-and-private-finance-2-projects-2018-summary-data" target="_blank">www.gov.uk/government/publications/private-finance-initiative-and-private-finance-2-projects-2018-summary-data</a></p><p> </p>
star this property answering member constituency Daventry more like this
star this property answering member printed Chris Heaton-Harris more like this
star this property question first answered
less than 2020-10-12T14:57:55.263Zmore like thismore than 2020-10-12T14:57:55.263Z
star this property answering member
3977
star this property label Biography information for Chris Heaton-Harris more like this
star this property tabling member
4470
unstar this property label Biography information for Alan Brown more like this