Current status: Answered by Jack McConnell on 9 July 1999
To ask the Scottish Executive whether it intends in future to publish the rate of return received by private sector investors in respect of each contract for a private finance initiative project on which public money is spent.
The Scottish Executive has no plans to publish this information. The rate of return achieved by the private sector will depend on how successful they are in managing risk during the life of a contract. The operators' accounts will be publicly available.I announced on 24 June that the Scottish Executive will make available the annual expenditure commitments associated with Government public-private partnerships, sector by sector. In addition, for future projects Full Business Cases will be published, which will show whether projects represent value for money.