Written question asked by Jacqui Lait (Conservative) on Tuesday, 3 July 2007, in the House of Commons. It was due for an answer on Thursday, 5 July 2007. It was answered by Jim Fitzpatrick (Labour) on Wednesday, 11 July 2007 on behalf of the Department for Transport.

Departments: Private Finance Initiative

Question: To ask the Secretary of State for Transport what the total cost is of all private finance initiative projects for which her Department has responsibility completed since 1997; and what the projected cost is of such projects commissioned or underway.

Answer: The HM Treasury website provides updated details (on a six monthly basis) of awarded PFI projects overseen by the Department of Transport. The project details include the date of financial close, total capital value and the annual unitary charge payment. This information is available at:"http://www.hm-treasurygov.uk/documents/public-private_partnerships/ppp_pfi_stats.cfm"The Treasury website includes unitary charge payments up until 2033-34. The following projects overseen by the Department for Transport involve payments beyond that date:Docklands Light Railway Woolwich extension"2034-35 estimated unitary charge £12.2 million"A1 Darrington to Dishforth"2034-35 estimated unitary charge £52.2 million""2035-36 estimated unitary charge £53.5 million"Doncaster interchange"2034-35 estimated unitary charge £3.86 million""2035-36 estimated unitary charge £3.86 million""2036-37 estimated unitary charge £3.86 million""2037-38 estimated unitary charge £3.86 million""2038-39 estimated unitary charge £0.965 million"The forecasts of future payments are subject to the performance of the private sector contractor.The unitary charge payments represent repayments of the capital (sum of the capital spend) of the project and will also frequently include inflation, service provision, capital repayments and major refurbishments.

Secondary information