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1002145

	registered interest
	date	05/11/2018
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	A303 and Lower Thames Crossing: Private Finance Initiative
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, pursuant to the Answer of 5 November 2018 to Question 185590 on A303 and Lower Thames Crossing: Private Finance Initiative, whether private finance will be used for the upgrade of the A303 and the Lower Thames Crossing.
	tabling member constituency	Walthamstow
	tabling member printed	Stella Creasy
	uin	188205
	answer	answer is ministerial correction date of answer 23/11/2018 answer text <p>The government is committed to increasing private investment in infrastructure through a range of models. The 2017 National Infrastructure and Construction Pipeline estimates that almost half of the UK’s £600 billion infrastructure pipeline is expected to be financed by the private sector.</p><p> </p><p>The Budget announced that the government will no longer use Private Finance 2 (the successor to the Private Finance Initiative) for new projects, as the model was inflexible and overly complex. Private finance will not be used for the upgrade of the A303 and the Lower Thames Crossing.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 23/11/2018 10:04:46 answering member 4097 label Biography information for Elizabeth Truss
	tabling member	4088 label Biography information for Stella Creasy

1012303

	registered interest
	date	22/11/2018
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	A303 and Lower Thames Crossing: Private Finance Initiative
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, pursuant to the Answer of 21 November 2018 to Question 185590 on A303 and Lower Thames Crossing: Private Finance Initiative, whether the upgrade of the A303 and the Lower Thames Crossing will not include private finance; and what estimate he has made of the cost to the public purse of that upgrade.
	tabling member constituency	Walthamstow
	tabling member printed	Stella Creasy
	uin	194641
	answer	answer is ministerial correction date of answer 27/11/2018 answer text <p>Pursuant to the answer to Question 185590 on A303 and Lower Thames Crossing: Private Finance Initiative, private finance will not be used for the upgrade of the A303 and the Lower Thames Crossing.</p><p> </p><p>The estimated cost of developing and building the Lower Thames Crossing, as set out in Highways England’s public consultation on 10 October 2018, was between £5.3bn and £6.8 bn. The estimated cost of developing and building the A303 Stonehenge scheme, as set out at the Preferred Route Announcement in September 2017, was £1.6bn.</p><p> </p><p>Highways England continue to refine cost estimates as they develop the business cases for these schemes.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 27/11/2018 13:42:03 answering member 4097 label Biography information for Elizabeth Truss
	tabling member	4088 label Biography information for Stella Creasy