Departmental Private Finance Initiative
Written parliamentary question to the Secretary of State for the Home Department
Source: Hansard
Mrs. Curtis-Thomas: To ask the Secretary of State for the Home Department what private finance initiatives her Department has entered into since 1997; what the total value of each contract was; who the name of the successful contractor was; which projects have been subject to refinancing arrangements; what the monetary value of the refinancing arrangement was in each such case; and what the extent of the clawback has been. [259551]
Mr. Woolas: The Home Department has entered into three private finance initiatives since 1997. Details of these contracts are provided in the following table:
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Table 1
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PFI description
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Value of contract (£ million) inclusive of VAT
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Name of successful contractor
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Has the PFI been subject to refinancing yes/no
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Home Office Central London accommodation (2 Marsham Street)
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1,406.5 over 26 years
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Anne's Gate Property plc
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No
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IT 2000 (Sinus)
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700 over 10 years
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Fujitsu Services (Alcedo) Limited
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No
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IPS IT Pass Project
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396.7 over 11 years
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Siemens IT Services and Solutions
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No
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