Further Education and Schools: Private Finance Initiative
The question
To ask the Secretary of State for Education, what the total lifetime cost is of Private Finance Initiative contracts relating to school and college buildings in (a) Essex, and (b) the UK.
Answered by Josh MacAlister
Education is a devolved matter, and the response outlines the information for England only.
The department directly manages the PF2 contracts for the Priority Schools Building Programme (PSBP) projects that were entered into by the Secretary of State for Education. All other schools’ PFI contracts were entered into by the relevant contracting counterparty, which is the relevant local authority.
The cost information requested on PFI projects in Essex and England is published annually by HMT at: https://www.gov.uk/government/publications/pfi-and-pf2-projects-2024-summary-data.
Please note that, with the exception of the department’s PF2 projects, all information on PFI contracts is collated from local authorities and the department is unable to guarantee the accuracy of this information. Further details are available from the local authorities.
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