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Department of Health and Social Care: Private Finance Initiative

Question for Department of Health and Social Care

UIN 186961, tabled on 1 November 2018

To ask the Secretary of State for Health and Social Care, what estimate he has made of his Department's projected spend on PFI contracts in 2028.

Answered on

6 November 2018

For the financial year 2028/29 the total of estimated Private Finance Initiative (PFI) unitary payments for those projects in the Hospitals and Acute Health sector is £2.52 billion (or £2,515,600,000).

Information on the estimated revenue payments for the lifetime of each PFI contract can be found on HM Treasury’s website at the following link:

https://www.gov.uk/government/publications/private-finance-initiative-and-private-finance-2-projects-2017-summary-data

Future estimated annual PFI unitary payments for each year of a PFI contract are subject to meeting agreed performance and quality standards, contractual variations agreed between the parties, and include an annual increment for inflation, the impact of which can vary between schemes depending on the contract provisions for when it is actually applied during the year.

Answered by

Department of Health and Social Care
Named day
Named day questions only occur in the House of Commons. The MP tabling the question specifies the date on which they should receive an answer. MPs may not table more than five named day questions on a single day.