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1006098

	registered interest
	date	13/11/2018
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Private Finance Initiative
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what his Department's definition is of privately financed in relation to infrastructure projects.
	tabling member constituency	Richmond Park
	tabling member printed	Zac Goldsmith
	uin	190874
	answer	answer is ministerial correction date of answer 19/11/2018 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> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 19/11/2018 13:38:37 answering member 4097 label Biography information for Elizabeth Truss
	tabling member	4062 label Biography information for Lord Goldsmith of Richmond Park

450314

	registered interest
	date	03/02/2016
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Private Finance Initiative
	house id	1
	legislature	25259 pref label House of Commons
	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.
	tabling member constituency	Walthamstow
	tabling member printed	Stella Creasy
	uin	25812
	answer	answer is ministerial correction date of answer 08/02/2016 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> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 08/02/2016 16:35:23 answering member 1526 label Biography information for Greg Hands
	tabling member	4088 label Biography information for Stella Creasy

450315

	registered interest
	date	03/02/2016
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Private Finance Initiative
	house id	1
	legislature	25259 pref label House of Commons
	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.
	tabling member constituency	Walthamstow
	tabling member printed	Stella Creasy
	uin	25813
	answer	answer is ministerial correction date of answer 08/02/2016 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> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 08/02/2016 16:33:49 answering member 1526 label Biography information for Greg Hands
	tabling member	4088 label Biography information for Stella Creasy

450322

	registered interest
	date	03/02/2016
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Private Finance Initiative
	house id	1
	legislature	25259 pref label House of Commons
	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.
	tabling member constituency	Walthamstow
	tabling member printed	Stella Creasy
	uin	25744
	answer	answer is ministerial correction date of answer 08/02/2016 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> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 08/02/2016 16:36:32 answering member 1526 label Biography information for Greg Hands
	tabling member	4088 label Biography information for Stella Creasy

818992

	registered interest
	date	09/01/2018
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Private Finance Initiative
	house id	1
	legislature	25259 pref label House of Commons
	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.
	tabling member constituency	Walthamstow
	tabling member printed	Stella Creasy
	uin	121669
	answer	answer is ministerial correction date of answer 15/01/2018 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> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 15/01/2018 13:52:46 answering member 4097 label Biography information for Elizabeth Truss
	tabling member	4088 label Biography information for Stella Creasy

820741

	registered interest
	date	11/01/2018
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Private Finance Initiative
	house id	1
	legislature	25259 pref label House of Commons
	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.
	tabling member constituency	Walthamstow
	tabling member printed	Stella Creasy
	uin	122159
	answer	answer is ministerial correction date of answer 16/01/2018 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> answering member constituency Newark answering member printed Robert Jenrick question first answered 16/01/2018 16:19:57 answering member 4320 label Biography information for Robert Jenrick
	tabling member	4088 label Biography information for Stella Creasy

101043

	registered interest
	date	27/10/2014
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Private Finance Initiative
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, how many private finance initiative projects his Department contracted for in each year from 1997 to 2010.
	tabling member constituency	Brighton, Kemptown
	tabling member printed	Simon Kirby
	uin	212105
	answer	answer is ministerial correction date of answer 30/10/2014 answer text <p>The Treasury holds one PFI contract, GOGGS West, which was entered into on 1<sup>st</sup> May 2000. Information on all PFI projects can be found on the following link, <a href="https://www.gov.uk/government/publications/private-finance-initiative-projects-2013-summary-data" target="_blank">https://www.gov.uk/government/publications/private-finance-initiative-projects-2013-summary-data</a>.</p><p> </p><p> </p><p> </p><p>The current projects spreadsheet can be filtered by procuring authority and then by date of financial close in order to determine the number of projects contracted by a department in a particular year.</p><p> </p><p> </p><p> </p><p>The information in this spreadsheet is provided by departments and published by the Treasury each year. The current data is at 31 March 2013 but will be updated with information as a 31 March 2014 shortly.</p><p> </p> answering member constituency Inverness, Nairn, Badenoch and Strathspey answering member printed Danny Alexander question first answered 30/10/2014 16:43:21 answering member 1535 label Biography information for Danny Alexander
	tabling member	3929 label Biography information for Simon Kirby

92915

	registered interest
	date	13/10/2014
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Private Finance Initiative
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, what the total private finance initiative liabilities of his Department are for the next 20 years; and if he will make a statement.
	tabling member constituency	Brighton, Kemptown
	tabling member printed	Simon Kirby
	uin	210096
	answer	answer is ministerial correction date of answer 24/10/2014 answer text <p><strong>The Treasury holds one PFI project, GOGGS West, which will come to a close in 2037-38.</strong></p><p> </p><p><strong>Further information on current PFI and PF2 projects can be found on the following link, <a href="https://www.gov.uk/government/publications/private-finance-initiative-projects-2013-summary-data" target="_blank">https://www.gov.uk/government/publications/private-finance-initiative-projects-2013-summary-data</a>. </strong></p><p> </p><p> </p><p><strong>This data will be updated in due course, in the normal way.</strong></p> answering member constituency Inverness, Nairn, Badenoch and Strathspey answering member printed Danny Alexander question first answered 24/10/2014 13:38:22 answering member 1535 label Biography information for Danny Alexander
	tabling member	3929 label Biography information for Simon Kirby

353882

	registered interest
	date	12/06/2015
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Private Finance Initiative
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, how many PFI contracts were negotiated by (a) NHS trusts, (b) Academy trusts and (c) local authorities in each year from 2010 to 2015; what the values of those contracts were; and what those contracts were for.
	tabling member constituency	Barking
	tabling member printed	Margaret Hodge
	uin	2359
	answer	answer is ministerial correction date of answer 19/06/2015 answer text <p>The information requested is publically available and is accessible at the following link: <a href="https://www.gov.uk/government/publications/private-finance-initiative-projects-2014-summary-data" target="_blank">https://www.gov.uk/government/publications/private-finance-initiative-projects-2014-summary-data</a>.</p><p> </p> answering member constituency Chelsea and Fulham answering member printed Greg Hands grouped question UIN 2361 question first answered 19/06/2015 13:19:04 answering member 1526 label Biography information for Greg Hands
	tabling member	140 label Biography information for Dame Margaret Hodge

711364

	registered interest
	date	15/03/2017
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Private Finance Initiative
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, whether he has made an estimate of the amount of additional liability to the taxpayer above the initial cost of completed private finance initiative projects.
	tabling member constituency	North Swindon
	tabling member printed	Justin Tomlinson
	uin	68054
	answer	answer is ministerial correction date of answer 20/03/2017 answer text <p>The Government has published the total liability for all projects procured through the former Private Finance Initiative and current Private Finance 2 initiative on an annual basis. The latest data is available at: <a href="https://www.gov.uk/government/publications/private-finance-initiative-and-private-finance-2-projects-2016-summary-data" target="_blank">https://www.gov.uk/government/publications/private-finance-initiative-and-private-finance-2-projects-2016-summary-data</a></p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 20/03/2017 11:59:28 answering member 1529 label Biography information for Mr David Gauke
	tabling member	4105 label Biography information for Justin Tomlinson