Treasury: Private Finance Initiative

(asked on 5th October 2020) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what live PFI contracts his Department has; and for each of those contracts (a) what service is provided, (b) when the contract became live, (c) what the remaining term of the contract is and (d) what the annual repayments are.


Answered by
Kemi Badenoch Portrait
Kemi Badenoch
President of the Board of Trade
This question was answered on 13th October 2020

The Department has one live PFI contract.

a) Building and facilities management services are provided.

b) The contract became live in 2000.

c) The remaining term is 17 years.

d) The annual Unitary Payment charge for FY 2019/2020 was £26,885,116.28.

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