Question to the Department for Transport:

To ask the Secretary of State for Transport, 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.

The Department for Transport has an operational PFI Portfolio of 56 Projects. The largest sub-sector of the portfolio is in street lighting, with 31 projects. The majority, 41 of our 56 PFI projects, are contracted by Local Authorities. The DfT’s PFI Portfolio has a total Capital Value of £6.97bn. The PFI portfolio carries a total public sector whole-life Unitary Charge liability of £33.7bn. The whole-life direct liability to DfT is £29.5bn as PFI credits for local authority projects are topped up locally to meet the unitary charge payments. For detailed data on when contracts became live, their remaining term and the annual repayments, please refer to background note below.

This information is also published annually by the IPA, for DFT and all other central government departments. This can be found here: www.gov.uk/government/publications/private-finance-initiative-and-private-finance-2-projects-2018-summary-data