Private Finance Initiative

Trade and Industry written question – answered on 16th October 2001.

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Photo of Chris Grayling Chris Grayling Conservative, Epsom and Ewell

To ask the Secretary of State for Trade and Industry if she will make a statement on the likely impact of the European Commission's latest proposals on future PFI projects.

Photo of Patricia Hewitt Patricia Hewitt Secretary of State, Department of Trade and Industry

The Commission's proposals for simplifying, clarifying and bringing up to date the EC procurement directives were tabled in July 2000. They are the subject of on-going discussions in the Council and the European Parliament. Real progress is being made and the Government consider it unlikely that the amended rules will have any adverse effects on the award of PFI contracts.

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