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Private Finance Initiative

House of Lords written question – answered on 21st January 2008.

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Photo of Lord Ouseley Lord Ouseley Crossbench

asked Her Majesty's Government:

How many private finance initiative contracts are currently in place in the United Kingdom; and what debts arising from them are being incurred by the Exchequer.

Photo of Lord Davies of Oldham Lord Davies of Oldham Deputy Chief Whip (House of Lords), HM Household, Captain of the Queen's Bodyguard of the Yeomen of the Guard (HM Household) (Deputy Chief Whip, House of Lords)

As of PBR/CSR07, there were approximately 600 signed PFI contracts in place.

The most recent figures for PFI projects can be found in tables 17 to 19 of PBR/CSR 2007: the economy and public finance—supplementary charts and tables, which is available from the Treasury website at www. hm-treasury.gov.uk/media/2/B/pbr_csr07_ economy907.pdf.

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