Question to the Department for Transport:

To ask the Secretary of State for Transport, what the total private finance initiative liabilities of his Department are for the next 20 years; and if he will make a statement.

The Department has the following liabilities over the next 20 years under the private finance initiative contracts to which it is counterparty:

These are the latest available figures and represent the forecast nominal cash payments due under the contracts over this period (2014-15 to 2033-34).

The Department also provides financial support to Local Authorities for a number of private finance initiative transport projects, though these are not the Department’s liabilities. Further information on these Local Authority sponsored projects can be found at the following web address. This currently provides information as at 31 March 2013 but will be updated shortly with data as at 31 March 2014:

https://www.gov.uk/government/publications/private-finance-initiative-projects-2013-summary-data