HM Treasury written question – answered at on 20 July 2017.
To ask Mr Chancellor of the Exchequer, with reference to the recommendation of the National Audit Office in its report of 28 April 2011, Lessons from PFI and other projects, on his Department collecting data better to understand the relationship between the investors' returns and the risks they have borne and the value which PFI equity investors contribute, what estimate his Department has made of the value which Octagon Healthcare contributes to the Norwich and Norfolk NHS Trust.
The Treasury response to the National Audit Office report partially accepted the recommendation and made clear that we would take the recommendation into account for new projects. This has been done and we are in the process of collecting the information, which we will publish in due course. The Norfolk and Norwich Hospital is not included as it was already subject to a signed contract that did not contain the necessary clauses to enable the data to be collected.
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