Norfolk and Norwich University Hospital NHS Trust: Octagon Healthcare
(asked on 17th July 2017) - View Source
Question to the Department of Health and Social Care:
To ask the Secretary of State for Health, with reference to the Answer of 18 April 2017 to Question 69941, what proportion of the overall £250 million savings were realised for the Norwich and Norfolk NHS Trust in its PFI payments to Octagon Healthcare as a result of his Department's initiative to extract savings and better value for money for PFI contracts.
The latest published information for the overall cost projections for all private finance initiative (PFI) schemes over the lifetime of their contracts, including that for the new District General Hospital project procured by Norfolk and Norwich University Hospitals NHS Foundation Trust, is available on the Treasury’s website, via:
The table shows that for the New District General Hospital (Project I.D 373) the total unitary charge payment (UP) for 2015/16 was estimated as £57.0 million. The table shows the estimated UP for each year to the end of the contract in 2036/37. UPs are subject to meeting agreed performance and quality standards, contractual variations agreed between the parties, and include an annual uprate assumption for inflation of 2.5%. Information on the different elements of the UP expenditure are not collected for this data collection exercise and are not held by the Department.
Norfolk and Norwich University Hospitals NHS Foundation Trust did not report any savings on their PFI contract when the survey was conducted in 2014.