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Seòmar agus comataidhean

Official Report: search what was said in Parliament

The Official Report is a written record of public meetings of the Parliament and committees.  

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Dates of parliamentary sessions
  1. Session 1: 12 May 1999 to 31 March 2003
  2. Session 2: 7 May 2003 to 2 April 2007
  3. Session 3: 9 May 2007 to 22 March 2011
  4. Session 4: 11 May 2011 to 23 March 2016
  5. Session 5: 12 May 2016 to 5 May 2021
  6. Current session: 12 May 2021 to 28 August 2025
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Displaying 2215 contributions

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Public Audit Committee

Expiring Private Finance Initiative Contracts

Meeting date: 6 June 2024

Graham Simpson

That is the risk, is it not, with these contracts? It all sounds good right at the start, but we get to the end and suddenly the financial situation is different. As I say, Police Scotland is not awash with cash, so we could get to a position in 2026-27 where it says, “We cannot afford the payment. We are going to have to hand this asset back.”

Public Audit Committee

Expiring Private Finance Initiative Contracts

Meeting date: 6 June 2024

Graham Simpson

Millions of pounds?

Public Audit Committee

Expiring Private Finance Initiative Contracts

Meeting date: 6 June 2024

Graham Simpson

Mr Reekie, do you know the answer?

Public Audit Committee

Expiring Private Finance Initiative Contracts

Meeting date: 6 June 2024

Graham Simpson

Convener, I was just looking at the BBC article that you referred to, with the list of 11 projects that are due to end and which would require a payment to be made. Six of those are in the health area, including a number of hospitals. We do not have the people with the relevant expertise here today, but I am just putting on the record that I think it would be worth the committee delving into those contracts. One of the hospitals—University hospital Wishaw—is in the region that we both represent, but there are others that we could look at. It might be worth our doing further work on that, but, as I do not expect the witnesses who are before us today to answer questions in that regard, I will leave it there.

Public Audit Committee

Expiring Private Finance Initiative Contracts

Meeting date: 6 June 2024

Graham Simpson

Mr Reekie, the mutual investment model has been mooted as a way of funding part of the A9. Have you managed to have a look at the mutual investment model, and what do you see as the differences between that model and what has gone before?

Public Audit Committee

Expiring Private Finance Initiative Contracts

Meeting date: 6 June 2024

Graham Simpson

How many staff have agreed to do that?

Public Audit Committee

Expiring Private Finance Initiative Contracts

Meeting date: 6 June 2024

Graham Simpson

Would it be fair to say that the Serco staff were more generalist and that your staff are more specialist?

Public Audit Committee

Expiring Private Finance Initiative Contracts

Meeting date: 6 June 2024

Graham Simpson

You are having to take on more staff.

Public Audit Committee

Expiring Private Finance Initiative Contracts

Meeting date: 6 June 2024

Graham Simpson

In relation to the A9, which is the only project that I am aware of for which that approach has been suggested, although there might be others, it struck me that what is actually happening is that you are getting the private sector to fund part of the road and then getting the public sector—that is, the Scottish Government—to pay the private funder so much every year for the use of the road. You could call it a rent-a-road scheme. However, what happens at the end of that? Is there is still a final payment.

Public Audit Committee

Expiring Private Finance Initiative Contracts

Meeting date: 6 June 2024

Graham Simpson

So, it could close.