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1006098
star this property registered interest false more like this
star this property date less than 2018-11-13more like thismore than 2018-11-13
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
unstar this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading 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 Chancellor of the Exchequer, what his Department's definition is of privately financed 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 190874 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 2018-11-19more like thismore than 2018-11-19
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, and/or operation of a project, asset or entity with the expectation of earning a return on the investment.</p> more like this
star this property answering member constituency South West Norfolk more like this
star this property answering member printed Elizabeth Truss more like this
star this property question first answered
less than 2018-11-19T13:38:37.357Zmore like thismore than 2018-11-19T13:38:37.357Z
star this property answering member
4097
unstar this property label Biography information for Elizabeth Truss more like this
star this property tabling member
4062
unstar this property label Biography information for Zac Goldsmith more like this
831120
star this property registered interest false more like this
star this property date less than 2018-01-26more like thismore than 2018-01-26
star this property answering body
Ministry of Housing, Communities and Local Government more like this
star this property answering dept id 7 more like this
unstar this property answering dept short name Housing, Communities and Local Government more like this
star this property answering dept sort name Housing, Communities and Local Government more like this
star this property hansard heading 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 Housing, Communities and Local Government, with reference to paragraph 1.25 of PFI and PF2, published by the NAO on 18 January 2018, HC 718, what plans his Department has to start recording data on the cost effectiveness of PFI deals. more like this
star this property tabling member constituency Colne Valley more like this
star this property tabling member printed
Thelma Walker more like this
star this property uin 125128 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 2018-02-05more like thismore than 2018-02-05
star this property answer text <p>My Department supports Public Finance Initiatives (PFI) Housing and Joint Service Centre projects contracted directly by local authorities. The majority of PFI projects date back to 1999-2010 and no PFIs have been set up since 2014. They were subject to extensive value for money assessments before authorities entered into them and, in 2011, the Department ran a savings exercise on projects still within their procurement stage which identified over £531 million of savings over the lifetime of remaining projects.</p><p>All PFI projects are now operational and authorities are expected to continue to seek to improve the value for money of their projects wherever possible. The Department offers advice and support directly to individual local authorities and holds network events to share best practice between local authorities on making savings on its supported Housing and Joint Service Centre PFI projects.</p> more like this
star this property answering member constituency Richmond (Yorks) more like this
star this property answering member printed Rishi Sunak more like this
star this property question first answered
less than 2018-02-05T14:14:58.517Zmore like thismore than 2018-02-05T14:14:58.517Z
star this property answering member
4483
unstar this property label Biography information for Rishi Sunak more like this
star this property tabling member
4649
unstar this property label Biography information for Thelma Walker more like this
450314
star this property registered interest false more like this
star this property date less than 2016-02-03more like thismore than 2016-02-03
star this property answering body
HM Treasury more like this
star this property answering dept id 14 more like this
unstar this property answering dept short name Treasury more like this
star this property answering dept sort name CaTreasury more like this
star this property hansard heading 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 Mr Chancellor of the Exchequer, what progress his Department has made on the replacement of the value for money assessment quantitative assessment tool for comparing private finance and conventional procurement options; and which PF1 and PF2 projects used (a) the original value for money assessment quantitative assessment tool or (b) any replacement tool. more like this
star this property tabling member constituency Walthamstow more like this
star this property tabling member printed
Stella Creasy more like this
star this property uin 25812 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 2016-02-08more like thismore than 2016-02-08
star this property answer text <p>The Government’s approach to appraisal is set out in the Green Book. This provides a common, standard method for comparing all public spending decisions that use central government funding; the approach to appraising potential PPP projects is consistent with this central guidance.</p><p> </p><p>The quantitative assessment tool was in place from August 2004 until its withdrawal in December 2012, all projects which commenced between these dates should have used the tool. For details of specific projects during this period, please see the spreadsheet ‘Current projects as at 31 March 2014’ at the following link: https://www.gov.uk/government/publications/private-finance-initiative-projects-2014-summary-data</p><p> </p><p>A replacement quantitative assessment tool has not been issued by HM Treasury due to the limitations of standard models; since December 2012 procuring authorities have undertaken appropriate quantitative assessment in accordance with the principles set out in the Green Book.</p>
star this property answering member constituency Chelsea and Fulham more like this
star this property answering member printed Greg Hands more like this
star this property question first answered
less than 2016-02-08T16:35:23.29Zmore like thismore than 2016-02-08T16:35:23.29Z
star this property answering member
1526
unstar this property label Biography information for Greg Hands more like this
star this property tabling member
4088
unstar this property label Biography information for Stella Creasy more like this
450315
star this property registered interest false more like this
star this property date less than 2016-02-03more like thismore than 2016-02-03
star this property answering body
HM Treasury more like this
star this property answering dept id 14 more like this
unstar this property answering dept short name Treasury more like this
star this property answering dept sort name CaTreasury more like this
star this property hansard heading 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 Mr Chancellor of the Exchequer, which of the unitary charges in the list of private finance initiative projects published by his Department on 15 December 2014 were (a) service charges, (b) interest charges and (c) other costs identified over the course of the contracts. more like this
star this property tabling member constituency Walthamstow more like this
star this property tabling member printed
Stella Creasy more like this
star this property uin 25813 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 2016-02-08more like thismore than 2016-02-08
star this property answer text <p>Whilst the Treasury does collect and publish information on the unitary charges of PFI projects, we do not collect it broken down into its constituent parts, neither do we have the detailed financial models that would allow us to disaggregate the totals.</p> more like this
star this property answering member constituency Chelsea and Fulham more like this
star this property answering member printed Greg Hands more like this
star this property question first answered
less than 2016-02-08T16:33:49.087Zmore like thismore than 2016-02-08T16:33:49.087Z
star this property answering member
1526
unstar this property label Biography information for Greg Hands more like this
star this property tabling member
4088
unstar this property label Biography information for Stella Creasy more like this
450322
star this property registered interest false more like this
star this property date less than 2016-02-03more like thismore than 2016-02-03
star this property answering body
HM Treasury more like this
star this property answering dept id 14 more like this
unstar this property answering dept short name Treasury more like this
star this property answering dept sort name CaTreasury more like this
star this property hansard heading 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 Mr Chancellor of the Exchequer, if he will publish the equity return information provided as part of all PF2 projects commissioned in the last five years. more like this
star this property tabling member constituency Walthamstow more like this
star this property tabling member printed
Stella Creasy more like this
star this property uin 25744 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 2016-02-08more like thismore than 2016-02-08
star this property answer text <p>The first PF2 projects reached financial close last year. The Treasury will publish the equity return information on PF2 projects periodically.</p> more like this
star this property answering member constituency Chelsea and Fulham more like this
star this property answering member printed Greg Hands more like this
star this property question first answered
less than 2016-02-08T16:36:32.787Zmore like thismore than 2016-02-08T16:36:32.787Z
star this property answering member
1526
unstar this property label Biography information for Greg Hands more like this
star this property tabling member
4088
unstar this property label Biography information for Stella Creasy more like this
818992
star this property registered interest false more like this
star this property date less than 2018-01-09more like thismore than 2018-01-09
star this property answering body
HM Treasury more like this
star this property answering dept id 14 more like this
unstar this property answering dept short name Treasury more like this
star this property answering dept sort name CaTreasury more like this
star this property hansard heading 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 Mr Chancellor of the Exchequer, how much tax was paid to the public purse by private finance initiative companies, by sector, in each year since 2010. more like this
star this property tabling member constituency Walthamstow more like this
star this property tabling member printed
Stella Creasy more like this
star this property uin 121669 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 2018-01-15more like thismore than 2018-01-15
star this property answer text <p>Private Finance Initiative companies operate similar to any private company and face the same tax treatment.</p><p> </p><p>The Government cannot comment on the confidential tax affairs of individual company or group taxpayers.</p><p> </p> more like this
star this property answering member constituency South West Norfolk more like this
star this property answering member printed Elizabeth Truss more like this
star this property question first answered
less than 2018-01-15T13:52:46.79Zmore like thismore than 2018-01-15T13:52:46.79Z
star this property answering member
4097
unstar this property label Biography information for Elizabeth Truss more like this
star this property tabling member
4088
unstar this property label Biography information for Stella Creasy more like this
820741
star this property registered interest false more like this
star this property date less than 2018-01-11more like thismore than 2018-01-11
star this property answering body
HM Treasury more like this
star this property answering dept id 14 more like this
unstar this property answering dept short name Treasury more like this
star this property answering dept sort name CaTreasury more like this
star this property hansard heading 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 Mr Chancellor of the Exchequer, with reference to the Answer of 8 February 2016 to Question 25744 and of 6 June 2016 to Question 38400, when he plans to publish the equity return information on all PFI and PF2 projects. more like this
star this property tabling member constituency Walthamstow more like this
star this property tabling member printed
Stella Creasy more like this
star this property uin 122159 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 2018-01-16more like thismore than 2018-01-16
star this property answer text <p>We plan to publish the equity IRR data for PF2 projects as part of the PFI and PF2 annual summary data, which will be as at 31 March 2017. We expect to publish this data shortly.</p> more like this
star this property answering member constituency Newark more like this
star this property answering member printed Robert Jenrick more like this
star this property question first answered
less than 2018-01-16T16:19:57.98Zmore like thismore than 2018-01-16T16:19:57.98Z
star this property answering member
4320
unstar this property label Biography information for Robert Jenrick more like this
star this property tabling member
4088
unstar this property label Biography information for Stella Creasy more like this
101011
star this property registered interest false more like this
star this property date less than 2014-10-27more like thismore than 2014-10-27
star this property answering body
Attorney General more like this
star this property answering dept id 88 more like this
unstar this property answering dept short name Attorney General more like this
star this property answering dept sort name Attorney General more like this
star this property hansard heading 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 Attorney General, how many private finance initiative projects the Law Officers' Departments contracted for in each year from 1997 to 2010. more like this
star this property tabling member constituency Brighton, Kemptown more like this
star this property tabling member printed
Simon Kirby more like this
star this property uin 212091 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 2014-11-03more like thismore than 2014-11-03
star this property answer text <p>The Crown Prosecution Service (CPS) has had two private finance initiative (PFI) contracts between 1997 and 2010 as follows.</p><p> </p><p> </p><p> </p><p><strong><em>Information Technology (IT) managed service</em></strong></p><p> </p><p>The Department's IT service is provided through a PFI managed service contract with CGI (formally Logica) which was let from 1 April 2002. The contract currently runs until 30 November 2015 and provides for further extension options until 31 March 2017.</p><p> </p><p><strong><em> </em></strong></p><p> </p><p><strong><em>Communications managed service</em></strong></p><p> </p><p>The Department's communications are provided through a managed service PFI contract with Level 3. This was let from 1 April 2006 and the contract runs until 30 November 2015.</p><p> </p><p> </p><p> </p><p>The remaining Law Officers’ Departments have not contracted any PFI projects during the specified period of time.</p><p> </p> more like this
star this property answering member constituency South Swindon more like this
star this property answering member printed Mr Robert Buckland more like this
star this property question first answered
less than 2014-11-03T17:21:33.9719952Zmore like thismore than 2014-11-03T17:21:33.9719952Z
star this property answering member
4106
unstar this property label Biography information for Robert Buckland more like this
star this property tabling member
3929
unstar this property label Biography information for Simon Kirby more like this
101012
star this property registered interest false more like this
star this property date less than 2014-10-27more like thismore than 2014-10-27
star this property answering body
Department for Business, Innovation and Skills more like this
star this property answering dept id 26 more like this
unstar this property answering dept short name Business, Innovation and Skills more like this
star this property answering dept sort name Business, Innovation and Skills more like this
star this property hansard heading 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 Business, Innovation and Skills, how many private finance initiative projects his Department contracted for in each year from 1997 to 2010. more like this
star this property tabling member constituency Brighton, Kemptown more like this
star this property tabling member printed
Simon Kirby more like this
star this property uin 212090 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 2014-11-03more like thismore than 2014-11-03
star this property answer text <p>The Department and its agencies contracted for the following number of projects each year (excluding years when no projects were contracted for):</p><p>1998 – 2 projects (National Physical Laboratory and the Elgar contract)</p><p>2007 – 1 project (Insolvency Service Infrastructure contract)</p><p>This covers the following administrative departments: Department for Trade and Industries, Department for Innovation, Universities and Skills, Department for Business, Enterprise and Regulatory Reform, and the Department for Business, Innovation and Skills.</p> more like this
star this property answering member constituency East Dunbartonshire more like this
star this property answering member printed Jo Swinson more like this
star this property question first answered
less than 2014-11-03T12:50:27.071861Zmore like thismore than 2014-11-03T12:50:27.071861Z
star this property answering member
1513
unstar this property label Biography information for Jo Swinson more like this
star this property tabling member
3929
unstar this property label Biography information for Simon Kirby more like this
101035
star this property registered interest false more like this
star this property date less than 2014-10-27more like thismore than 2014-10-27
star this property answering body
Cabinet Office more like this
star this property answering dept id 53 more like this
unstar this property answering dept short name Cabinet Office more like this
star this property answering dept sort name Cabinet Office more like this
star this property hansard heading 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 Minister for the Cabinet Office, how many private finance initiative projects his Department contracted for in each year from 1997 to 2010. more like this
star this property tabling member constituency Brighton, Kemptown more like this
star this property tabling member printed
Simon Kirby more like this
star this property uin 212092 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 2014-11-03more like thismore than 2014-11-03
star this property answer text <p>The Cabinet Office has one current private finance initiative (PFI) contract, which commenced in 2002.</p><p>In addition, in June 2007 the Cabinet Office entered into a contract, treated as a PFI contract in the Cabinet Office Annual Report and Accounts, which ended in June 2012.</p><p>Information on the Cabinet Office’s Private Finance Initiative contracts is available in the Department’s Annual Report and Accounts. Online copies for 2007-08 onwards ARE on the GOV.UK website:</p><p><a href="https://www.gov.uk/government/collections/cabinet-office-annual-reports-and-accounts" target="_blank">https://www.gov.uk/government/collections/cabinet-office-annual-reports-and-accounts</a></p><p> </p> more like this
star this property answering member constituency Horsham more like this
star this property answering member printed Mr Francis Maude more like this
star this property question first answered
less than 2014-11-03T17:09:49.2374894Zmore like thismore than 2014-11-03T17:09:49.2374894Z
star this property answering member
115
unstar this property label Biography information for Lord Maude of Horsham more like this
star this property tabling member
3929
unstar this property label Biography information for Simon Kirby more like this