Mr. Alan Williams
To ask the Secretary of State for Foreign and Commonwealth Affairs if he will list the PFI contracts entered into by his Department, indicating(a) their dates of commencement, (b) their value, (c) if they have been subject to refinancing and (d) if his Department has a claw-back entitlement to share in savings arising from refinancing. 388W
§ Mr. Hain
The FCO has three significant PFI contractsLease Plan Cars (Public Private Partnership PPP deal)—lease and operate vehicle fleet—value dependent on the number of posts taking up lease-plan option—1996. The lease-plan deal is a PPP arrangement and is not structured in the manner of a standard PFI contract.Minerva—record retrieval software—value £1.62 million (net presentive value n.p.v.)—1997. The Minerva contract has not been subject to re-financing.FTN—FCO telecommunications network—value £106 million (n.p.v.)—May 2000.Berlin—build and operate new Embassy—value £49.8 million (n.p.v.)—June 2000.
Both the Berlin and FTN contracts have only recently commenced.
The FCO does not have a "claw-back" entitlement built in to existing PFI contracts.