Private Finance Initiative

Department for Education written question – answered on 20th October 2014.

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Photo of Simon Kirby Simon Kirby Conservative, Brighton, Kemptown

To ask the Secretary of State for Education, what the total private finance initiative liabilities of her Department are for the next 20 years; and if she will make a statement.

Photo of Nick Gibb Nick Gibb Minister of State (Education)

The Department for Education sponsors local authority projects through the private finance initiative (PFI) credit system and is paying revenue support grant. It also contributes revenue support towards Voluntary Aided school PFI schemes. However, these are not the Department’s liabilities.

Details of these projects are available online at:

www.gov.uk/government/publications/private-finance-initiative-projects-2013-summary-data.

This currently provides information as at 31 March 2013 but will be updated shortly with data as at 31 March 2014.

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