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<p>The capital cost and Unitary Charge payments for the new Queen’s Hospital (formerly
Oldchurch hospital in Romford), for each year since financial year since 2015/16,
are provided in the table below. The data is from the 2016 Private Finance Initiative
(PFI) data summary sheet on the HM Treasury’s website. The Unitary Charge revenue
payment figures include not just the financing costs (debt repayment and interest)
for initial construction but also the costs of all the other services such as building
maintenance and support services (cleaning, catering, portering etc) provided over
the lifetime of the contract. The payments are subject to meeting agreed performance
and quality standards and include an annual uprate assumption for inflation.</p><p><strong>
</strong></p><table><tbody><tr><td><p>Capital Value (£ m)</p></td><td><p>Unitary Charge
Payment 2015-16 (£ m)</p></td><td><p>Estimated Unitary Charge Payment 2016-17 (£ m)</p></td><td><p>Estimated
Unitary Charge Payment 2017-18 (£ m)</p></td></tr><tr><td><p>266.0</p></td><td><p>57.2</p></td><td><p>58.5</p></td><td><p>59.6</p></td></tr></tbody></table><p>
</p><p>Further information relating to all PFI projects in the National Health Service
and social care in England, including that for the new Queen’s Hospital, is available
on the HM Treasury’s website, via:</p><p><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><p>The
health sector schemes are marked “Department of Health” and then “DH-Acute (i.e. Hospitals)”.
The new Oldchurch Hospital has ID number 284.</p>
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