Appendix Two The five PFI reports


Reports

Session

Scope of the report

Capital value

Financial close date

Contract length

Procurement of the M25 private finance contract

2010-11, HC 566

Highways Agency's 30-year private finance contract for widening two sections of the M25 motorway, and maintaining 125 miles of other roads and the Dartford Crossing.

£1.1 billion

May 2009

30 years

Financing PFI projects in the credit crisis and the Treasury's response

2010-11, HC 287

The effects of the credit crisis and the Treasury's response to it for government infrastructure PFI deals financed in 2009 and those yet to be financed.

£4.9 billion1

N/A

N/A

PFI in housing

2010-11, HC 71

Oversight of the housing PFI programme by the Department of Communities and Local Government, and the Homes and Communities Agency.

£4.3 billion2

N/A

N/A

The performance and management of hospital PFI contracts

2010-11, HC 68

The performance of the maintenance and support services and how they are managed once the buildings are open for use.

£6 billion3

N/A

N/A

Delivering multi-role tanker aircraft capability

2009-10, HC 433

Ministry of Defence's contract for air-to-air refuelling and passenger air transport, comprising 14 Future Strategic Tanker Aircraft, infrastructure, maintenance and training.

£2.6 billion

March 2008

27 years

NOTES

1  Includes the M25 private finance contract.

2  Sum total of central government credits awarded by the Department over six rounds between 1998 and June 2010.

3  As at April 2009.

Source: National Audit Office

A summary of the reports together with their conclusions can be found on our website.49




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49  See www.nao.org.uk