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Private Finance Initiative

Environment Food and Rural Affairs written question – answered on 17th March 2009.

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Photo of David Drew David Drew Labour, Stroud

To ask the Secretary of State for Environment, Food and Rural Affairs pursuant to the written ministerial statement of 3 March 2009, Hansard, columns 47-48WS, on Government infrastructure investment, whether any private finance initiative schemes relating to waste management are subject to (a) cancellation, (b) postponement or (c) renegotiation.

Photo of Jane Kennedy Jane Kennedy Minister of State (Farming and the Environment), Department for Environment, Food and Rural Affairs

Following the recent announcement by the Chief Secretary to the Treasury, my right hon. Friend Yvette Cooper on Government infrastructure investment, no decisions have been made on private finance initiative (PFI) waste management schemes. Therefore at this time, none is subject to cancellation, postponement or renegotiation.

However, any PFI deal in the procurement process could be subject to cancellation, postponement and renegotiation for any number of other commercial reasons.

I can confirm that there are currently 19 PFI waste projects in procurement, with a further 11 currently in the application process for PFI credits which have not yet been granted approval by the Treasury.

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