{ "format" : "linked-data-api", "version" : "0.2", "result" : {"_about" : "http://eldaddp.azurewebsites.net/answeredquestions.text?max-date=2018-06-12&hansardHeading=Private+Finance+Initiative", "definition" : "http://eldaddp.azurewebsites.net/meta/answeredquestions.text?max-date=2018-06-12&hansardHeading=Private+Finance+Initiative", "extendedMetadataVersion" : "http://eldaddp.azurewebsites.net/answeredquestions.text?max-date=2018-06-12&_metadata=all&hansardHeading=Private+Finance+Initiative", "first" : "http://eldaddp.azurewebsites.net/answeredquestions.text?_page=0&max-date=2018-06-12&hansardHeading=Private+Finance+Initiative", "hasPart" : "http://eldaddp.azurewebsites.net/answeredquestions.text?max-date=2018-06-12&hansardHeading=Private+Finance+Initiative", "isPartOf" : "http://eldaddp.azurewebsites.net/answeredquestions.text?max-date=2018-06-12&hansardHeading=Private+Finance+Initiative", "items" : [{"_about" : "http://data.parliament.uk/resources/911224", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/911224/answer", "answerText" : {"_value" : "
The performance of PFI and PF2 contracts is monitored by the procuring authority. The government has published a range of advice on managing PFI and PF2 contracts, covering areas such as operational savings, refinancing and termination. HM Treasury assesses and responds to fiscal and financial risks as part of its ongoing business activities.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4320", "label" : {"_value" : "Biography information for Robert Jenrick"} } , "answeringMemberConstituency" : {"_value" : "Newark"} , "answeringMemberPrinted" : {"_value" : "Robert Jenrick"} , "dateOfAnswer" : {"_value" : "2018-06-04", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2018-06-04T15:54:15.04Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2018-05-24", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Private Finance Initiative"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask Mr Chancellor of the Exchequer, what (a) strategic risk management policy and (b)(i) performance management, (ii) financial control and (iii) other processes his Department uses to monitor private finance initiatives.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4657", "label" : {"_value" : "Biography information for Anneliese Dodds"} } , "tablingMemberConstituency" : {"_value" : "Oxford East"} , "tablingMemberPrinted" : [{"_value" : "Anneliese Dodds"} ], "uin" : "147961"} , {"_about" : "http://data.parliament.uk/resources/911228", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/911228/answer", "answerText" : {"_value" : "
Updated guidance was provided in HM Treasury\u2019s Green Book which was published on 6 March 2018.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4320", "label" : {"_value" : "Biography information for Robert Jenrick"} } , "answeringMemberConstituency" : {"_value" : "Newark"} , "answeringMemberPrinted" : {"_value" : "Robert Jenrick"} , "dateOfAnswer" : {"_value" : "2018-06-08", "_datatype" : "dateTime"} , "groupedQuestionUIN" : {"_value" : "147787"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2018-06-08T09:47:05.907Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2018-05-24", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Private Finance Initiative"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask Mr Chancellor of the Exchequer, when his Department plans to publish updated value for money assessment guidance on private finance initiatives.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4657", "label" : {"_value" : "Biography information for Anneliese Dodds"} } , "tablingMemberConstituency" : {"_value" : "Oxford East"} , "tablingMemberPrinted" : [{"_value" : "Anneliese Dodds"} ], "uin" : "147965"} , {"_about" : "http://data.parliament.uk/resources/911278", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/911278/answer", "answerText" : {"_value" : "
Updated guidance was provided in HM Treasury\u2019s Green Book which was published on 6 March 2018.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4320", "label" : {"_value" : "Biography information for Robert Jenrick"} } , "answeringMemberConstituency" : {"_value" : "Newark"} , "answeringMemberPrinted" : {"_value" : "Robert Jenrick"} , "dateOfAnswer" : {"_value" : "2018-06-08", "_datatype" : "dateTime"} , "groupedQuestionUIN" : {"_value" : "147965"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2018-06-08T09:47:05.953Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2018-05-24", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Private Finance Initiative"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask Mr Chancellor of the Exchequer, when his Department plans to publish updated value for money assessment guidance on private finance initiatives.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/178", "label" : {"_value" : "Biography information for John McDonnell"} } , "tablingMemberConstituency" : {"_value" : "Hayes and Harlington"} , "tablingMemberPrinted" : [{"_value" : "John McDonnell"} ], "uin" : "147787"} , {"_about" : "http://data.parliament.uk/resources/911279", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/911279/answer", "answerText" : {"_value" : "
Updated data on PFI and PF2 projects was published on 29 March 2018.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4320", "label" : {"_value" : "Biography information for Robert Jenrick"} } , "answeringMemberConstituency" : {"_value" : "Newark"} , "answeringMemberPrinted" : {"_value" : "Robert Jenrick"} , "dateOfAnswer" : {"_value" : "2018-06-08", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2018-06-08T09:41:41.517Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2018-05-24", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Private Finance Initiative"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask Mr Chancellor of the Exchequer, when his Department plans to publish updated data on private finance initiative projects on his Department's website.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/178", "label" : {"_value" : "Biography information for John McDonnell"} } , "tablingMemberConstituency" : {"_value" : "Hayes and Harlington"} , "tablingMemberPrinted" : [{"_value" : "John McDonnell"} ], "uin" : "147788"} , {"_about" : "http://data.parliament.uk/resources/911280", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/911280/answer", "answerText" : {"_value" : "
As is normal practice, the government does not comment on taxpayer-specific cases. UK resident PFI contractors, facilities management services and fund management companies, regardless of their shareholders\u2019 registered jurisdiction, will be charged UK corporation tax on profits earned within the UK.<\/p>
<\/p>
The government is clear that everyone must pay their fair share, and has taken significant steps domestically and internationally to ensure companies pay the right amount of tax.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4320", "label" : {"_value" : "Biography information for Robert Jenrick"} } , "answeringMemberConstituency" : {"_value" : "Newark"} , "answeringMemberPrinted" : {"_value" : "Robert Jenrick"} , "dateOfAnswer" : {"_value" : "2018-06-11", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2018-06-11T09:19:05.543Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2018-05-24", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Private Finance Initiative"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask Mr Chancellor of the Exchequer, with reference to the news item on UK PFI and PPP equity offshoring and tax avoidance published by the European Services Strategy Unit, if his Department will make an assessment of the implications for his Department's policies of that Unit's findings that almost half of all private finance initiative projects are majority owned by nine offshore infrastructure funds.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/178", "label" : {"_value" : "Biography information for John McDonnell"} } , "tablingMemberConstituency" : {"_value" : "Hayes and Harlington"} , "tablingMemberPrinted" : [{"_value" : "John McDonnell"} ], "uin" : "147789"} , {"_about" : "http://data.parliament.uk/resources/911281", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/911281/answer", "answerText" : {"_value" : "
The vast majority of PFI projects were signed under the last Labour government \u2013 620, or 86% of all PFI projects in the UK. Since coming to office in 2010, this Government has reformed the approach so that now, PF2 contracts deliver better value for money for the taxpayer.<\/p>
<\/p>
We have also improved the VfM we get from existing PFI contracts, and this will deliver over £2 billion in efficiencies over the remaining life of the contracts.<\/p>
<\/p>
The Treasury Green Book is clear that, to compare the costs and benefits that occur at different times between different projects, a discount rate must be applied to the cashflows. This is standard practice in all economic appraisals as it provides a Net Present Cost for the different projects, which enables a proper comparison of the costs and benefits occurring at different times on a consistent basis.<\/p>
<\/p>
The NAO report\u2019s finding that PF2 costs are around 40 per cent higher than similar projects financed by government borrowing is based on undiscounted cashflows and has not followed the Green Book guidance. It is not, therefore, an appropriate comparison.<\/p>
<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4320", "label" : {"_value" : "Biography information for Robert Jenrick"} } , "answeringMemberConstituency" : {"_value" : "Newark"} , "answeringMemberPrinted" : {"_value" : "Robert Jenrick"} , "dateOfAnswer" : {"_value" : "2018-06-11", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2018-06-11T09:13:20.65Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2018-05-24", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Private Finance Initiative"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask Mr Chancellor of the Exchequer, with reference to the report entitled PFI and PF2, published by the National Audit Office on 17 January 2018, what assessment his Department has made of the implications for his Department's policies of that report's findings that PF2 costs are around 40 per cent higher than similar projects financed by government borrowing; and if he will make a statement.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/178", "label" : {"_value" : "Biography information for John McDonnell"} } , "tablingMemberConstituency" : {"_value" : "Hayes and Harlington"} , "tablingMemberPrinted" : [{"_value" : "John McDonnell"} ], "uin" : "147790"} , {"_about" : "http://data.parliament.uk/resources/911284", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/911284/answer", "answerText" : {"_value" : "
The vast majority of PFI projects were signed under the last Labour government \u2013 620, or 86% of all PFI projects in the UK. Since coming to office in 2010, this Government has reformed the approach so that now, PF2 contracts deliver better value for money for the taxpayer.<\/p>
We have improved the VfM we get from existing PFI contracts, and this will deliver over £2 billion in efficiencies over the remaining life of the contracts. In 2012 we also reformed PFI to improve its transparency, and reduce procurement times, through the new PF2 model.<\/p>
The Government continually monitors the financial health of all of its strategic suppliers, including those delivering PFI contracts.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4320", "label" : {"_value" : "Biography information for Robert Jenrick"} } , "answeringMemberConstituency" : {"_value" : "Newark"} , "answeringMemberPrinted" : {"_value" : "Robert Jenrick"} , "dateOfAnswer" : {"_value" : "2018-06-11", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2018-06-11T09:17:48.613Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2018-05-24", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Private Finance Initiative"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask Mr Chancellor of the Exchequer, which private finance initiative contracts are being delivered by contractors that his Department deem to be high risk.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/178", "label" : {"_value" : "Biography information for John McDonnell"} } , "tablingMemberConstituency" : {"_value" : "Hayes and Harlington"} , "tablingMemberPrinted" : [{"_value" : "John McDonnell"} ], "uin" : "147791"} , {"_about" : "http://data.parliament.uk/resources/911287", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/911287/answer", "answerText" : {"_value" : "
The vast majority of PFI projects were signed under the last Labour government \u2013 620, or 86% of all PFI projects in the UK. Since coming to office in 2010, this Government has reformed the approach so that now, PF2 contracts deliver better value for money for the taxpayer.<\/p>
<\/p>
We have also improved the VfM we get from existing PFI contracts, and this will deliver over £2 billion in efficiencies over the remaining life of the contracts.<\/p>
<\/p>
The performance of PFI and PF2 contracts is monitored by the procuring authority. The government has published a range of advice on managing PFI and PF2 contracts, covering areas such as operational savings, refinancing and termination. HM Treasury assesses and responds to fiscal and financial risks as part of its ongoing business activities.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4320", "label" : {"_value" : "Biography information for Robert Jenrick"} } , "answeringMemberConstituency" : {"_value" : "Newark"} , "answeringMemberPrinted" : {"_value" : "Robert Jenrick"} , "dateOfAnswer" : {"_value" : "2018-06-11", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2018-06-11T09:16:16.963Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2018-05-24", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Private Finance Initiative"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask Mr Chancellor of the Exchequer, how his Department monitors private finance initiative contracts, including (a) strategic risk management policy, (b) financial control and (c) performance management.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/178", "label" : {"_value" : "Biography information for John McDonnell"} } , "tablingMemberConstituency" : {"_value" : "Hayes and Harlington"} , "tablingMemberPrinted" : [{"_value" : "John McDonnell"} ], "uin" : "147794"} , {"_about" : "http://data.parliament.uk/resources/897912", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/897912/answer", "answerText" : {"_value" : "