1.12 This is a summary table found in Annex A (Table 1.C). It contains the total unitary charge expected to be paid on all signed PFI contracts. The data is presented in financial years across the life of each project.
1.13 The estimated annual unitary charge payments are presented on a projected nominal basis (i.e. they have assumptions about indexation and have not been discounted).
1.14 The unitary charge payments should not be confused with the capital value of projects. Unitary charges include payments for ongoing services (e.g. catering, cleaning, maintenance and replacement) associated with these projects, as well as repayment of and interest on debt used to finance the capital costs. Unitary charges therefore represent the whole life cost associated with the projects. The capital values recorded for PFI projects and conventionally procured projects do not include these ongoing costs.