- Asked by: Jamie Hepburn, MSP for Central Scotland, Scottish National Party
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Date lodged: Monday, 03 March 2008
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Current Status:
Answered by John Swinney on 12 March 2008
To ask the Scottish Executive what the total cost of the equity invested by consortia in PFI/PPP schemes has been and what the total return on such investments is projected to be by the end of the life of the contracts.
Answer
I refer the member to the answer to question S3W-10621 on 12 March 2008. All answers to written parliamentary questions are available on the Parliament''s website, the search facility for which can be found at
http://www.scottish.parliament.uk/webapp/wa.search.
- Asked by: Jamie Hepburn, MSP for Central Scotland, Scottish National Party
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Date lodged: Monday, 03 March 2008
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Current Status:
Answered by John Swinney on 12 March 2008
To ask the Scottish Executive whether it will provide a breakdown of the senior debt borrowed by consortia in PFI/PPP schemes, also showing the projected repayment cost of each such debt over the life of each contract.
Answer
This information is not held centrally. It is assessed by the relevant procuring public body, with professional advice as to cost and value for money, before each PFI/PPP contract is awarded.
- Asked by: Jamie Hepburn, MSP for Central Scotland, Scottish National Party
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Date lodged: Monday, 03 March 2008
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Current Status:
Answered by John Swinney on 12 March 2008
To ask the Scottish Executive whether it will provide a breakdown of the equity invested by consortia in PFI/PPP schemes, also showing the projected return on each consortium’s investment by the end of the life of each contract.
Answer
The Scottish Government does not hold a breakdown of the equity invested by consortia for all individual standard PFI projects. However, the normal gearing in such contracts involves about 90% senior debt, 8 to 9% junior debt, and 1 to 2% uncapped equity. The uncapped equity element does not exist in the non-profit distributing model which is now preferred in Scotland.
Once a contract becomes operational, companies involved in the PFI consortia may alter their equity stakes, and be replaced by other equity partners. Such changes do not affect the contracted service and price agreed between the consortia and the respective public sector bodies.
The Scottish Government does not hold comprehensive information on the actual or projected return on each consortium''s investment. Returns reflect the fluctuating market norms in different sectors at the time of procurement, and correspond to the risks taken by investors in each project.
- Asked by: Jamie Hepburn, MSP for Central Scotland, Scottish National Party
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Date lodged: Monday, 03 March 2008
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Current Status:
Answered by John Swinney on 12 March 2008
To ask the Scottish Executive what the total cost of subordinate debt borrowed by consortia in PFI/PPP schemes has been and what the total repayment cost of such debt is projected to be by the end of the life of the contracts.
Answer
This information is not held centrally. It is assessed by the relevant procuring public body, with professional advice as to cost and value for money, before each PFI/PPP contract is awarded.
- Asked by: Jamie Hepburn, MSP for Central Scotland, Scottish National Party
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Date lodged: Tuesday, 04 March 2008
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Current Status:
Answered by John Swinney on 12 March 2008
To ask the Scottish Executive whether it will provide a breakdown of the subordinate debt borrowed by consortia in PFI/PPP schemes, also showing the projected repayment cost of each such debt over the life of each contract.
Answer
I refer the member to the answer to question S3W-10625 on 12 March 2008. All answers to written parliamentary questions are available on the Parliament''s website, the search facility for which can be found at
http://www.scottish.parliament.uk/webapp/wa.search.
- Asked by: Jamie Hepburn, MSP for Central Scotland, Scottish National Party
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Date lodged: Monday, 03 March 2008
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Current Status:
Answered by John Swinney on 12 March 2008
To ask the Scottish Executive how much it estimates will be paid to HM Treasury in VAT and Corporation Tax by consortia involved in PFI/PPP projects over the life of the contracts.
Answer
The amount of VAT and Corporation Tax to be paid by consortia involved in PFI/PPP projects over the life of the contracts is a matter for the companies involved and HM Revenue & Customs.
- Asked by: Jamie Hepburn, MSP for Central Scotland, Scottish National Party
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Date lodged: Monday, 03 March 2008
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Current Status:
Answered by John Swinney on 12 March 2008
To ask the Scottish Executive what the total cost of senior debt borrowed by consortia in PFI/PPP schemes has been and what the total repayment cost of such debt is projected to be by the end of the life of the contracts.
Answer
I refer the member to the answer to question S3W-10622 on 12 March 2008. All answers to written parliamentary questions are available on the Parliament''s website, the search facility for which can be found at
http://www.scottish.parliament.uk/webapp/wa.search.
- Asked by: Jamie Hepburn, MSP for Central Scotland, Scottish National Party
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Date lodged: Tuesday, 26 February 2008
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Current Status:
Answered by Kenny MacAskill on 6 March 2008
To ask the Scottish Executive what the extent of the involvement of Scottish ministers was in the drafting of the UK Counter-Terrorism Bill.
Answer
I refer the member to the answer to question S3W-9506 on 20 February 2008. All answers to written parliamentary questions are available on the Parliament's website, the search facility for which can be found at
http://www.scottish.parliament.uk/webapp/wa.search.
- Asked by: Jamie Hepburn, MSP for Central Scotland, Scottish National Party
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Date lodged: Tuesday, 26 February 2008
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Current Status:
Answered by Kenny MacAskill on 6 March 2008
To ask the Scottish Executive whether, as was reported in The Herald on 26 February 2008, it was involved fully in the drafting of the Counter-Terrorism Bill provisions and was completely content with them.
Answer
I refer the member to the answer to question S3W-9506 on 20 February 2008. All answers to written parliamentary questions are available on the Parliament's website, the search facility for which can be found at
http://www.scottish.parliament.uk/webapp/wa.search.
- Asked by: Jamie Hepburn, MSP for Central Scotland, Scottish National Party
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Date lodged: Tuesday, 12 February 2008
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Current Status:
Answered by Adam Ingram on 6 March 2008
To ask the Scottish Executive whether it plans to extend initiatives such as the Highland Youth Voice model to all parts of rural Scotland.
Answer
There are a range of successful local youth engagement models across Scotland, including Highland Youth Voice. While the Government is keen to encourage local youth participation, it is for local authorities to work with local young people to determine the best model for their area.
The Scottish Government supports the Scottish Youth Parliament (SYP) in empowering young people across Scotland to influence decisions affecting their own lives and those of their schools and communities. Young people from rural areas and the Islands are represented on the SYP.