Carlisle Hospitals NHS
Trust Full Business Case Date of approval: 11 September 1997
| Public Sector Comparator
Net Present Costs
| Private Finance Option
Net Present Costs
|
| £'000 | £'000
|
| Without Risk | 152,500 |
173,100 |
| Risk | 21,800 | 0
|
| Risk Adjusted | 174,300 |
173,100 |
Financial Close Date of close: 5 November 1997
| | |
| Public Sector Comparator
Net Present Costs
| Private Finance Option
Net Present Costs
|
| £'000 | £'000
|
| Without Risk | 151,103 |
167,045 |
| Risk | 21,800 | 0
|
| Risk Adjusted | 172,903 |
167,045 |
| | |
North Durham Health Care NHS Trust Full Business
Case Date of approval: 31 March 1998
| Public Sector Comparator
Net Present Costs
| Private Finance Option
Net Present Costs
|
| £'000 | £'000
|
| Without Risk | 153,320 |
173,870 |
| Risk | 23,590 | 3,040
|
| Risk Adjusted | 176,910 |
176,910 |
Financial Close Date of close: 31 March 1998
| | |
| Public Sector Comparator
Net Present Costs
| Private Finance Option
Net Present Costs
|
| £'000 | £'000
|
| Without Risk | 157,320 |
173,870 |
| Risk | 23,590 | 3,167
|
| Risk Adjusted | 180,910 |
177,037 |
| | |
South Buckinghamshire NHS Trust Full Business Case
Date of approval: 13 November 1997
| Public Sector Comparator
Net Present Costs
| Private Finance Option
Net Present Costs
|
| £'000 | £'000
|
| Without Risk | 161,668 |
167,504 |
| Risk | 7,627 | ¸1,119
|
| Risk Adjusted | 169,295 |
166,385 |
Financial Close Date of close: 16 December 1997
| | |
| Public Sector Comparator
Net Present Costs
| Private Finance Option
Net Present Costs
|
| £'000 | £'000
|
| Without Risk | 161,633 |
163,338 |
| Risk | 7,610 | ¸1,653
|
| Risk Adjusted | 169,243 |
161,6851 |
| | |
1 The figure supplied to the Committee last year was £162,063.
The nett present cost of the PFI option reduced as a result of
increases to the value of land in the deal and the effects of
indexation on the contract.
Norfolk and Norwich NHS Trust Full Business Case
Date of approval: 2 April 1996
| Public Sector Comparator
Net Present Costs
| Private Finance Option
Net Present Costs
|
| £'000 | £'000
|
| Without Risk | 1,584,050 |
1,595,952 |
| Risk | 79,698 | 6,397
|
| Risk Adjusted | 1,663,748 |
1,602,349 |
Financial Close Date of close: 9 January 1998
| | |
| Public Sector Comparator
Net Present Costs
| Private Finance Option
Net Present Costs
|
| £'000 | £'000
|
| Without Risk | 1,598,156 |
1,634,313 |
| Risk | 83,678 | 7,965
|
| Risk Adjusted | 1,681,834 |
1,642,278 |
| | |
Dartford and Gravesham NHS Trust Full Business
Case Date of approval: 31 January 1997
| Public Sector Comparator
Net Present Costs
| Private Finance Option
Net Present Costs
|
| £'000 | £'000
|
| Without Risk | 900.1 | 926.6
|
| Risk | 43.8 | 1.4
|
| Risk Adjusted | 943.9 | 928
|
Financial Close Date of close: 30 July 1997
| | |
| Public Sector Comparator
Net Present Costs
| Private Finance Option
Net Present Costs
|
| £'000 | £'000
|
| Without Risk | 900.1 | 921.2
|
| Risk | 43.8 | 1.4
|
| Risk Adjusted | 943.9 | 922.6
|
| | |
4.8g Where benefits of the PFI option are indicated, for
some schemes it appears that like-with-like comparisons are not
being made. How is the "comparable" public sector option
arrived at?
1. A number of the PFI options have proposed substantially
different solutions to the public sector comparator. These differences
include the proportion of new build compared to refurbishment,
the layout of development, and the speed of construction. Private
sector variations on the public sector solution such as these
are regarded as legitimate. The key to a fair comparison is ensuring
we compare the same service output. Thus, a publicly funded alternative
may rely heavily on modernisation and refurbishment because of
constraints on public capital. As no such constraints exist in
the private sector, they are free to offer the same output but
perhaps in a more efficient and cost effective manner. Such improvements
may also be brought about by greater innovation the private sector
sometimes brings to these schemes.
4.8h Donations from Leagues of Friends
What information does the Department have about the amount
of money raised each year by Leagues of Friends, or similar groups,
for capital spend in the NHS?
1. The Department does not collect information on the
amount of money raised by Leagues of Friends, or similar groups,
for capital spend in the NHS as they are not NHS bodies. The individual
accounts of Leagues of Friends and similar groups will be lodged
with the Charity Commission.
2. The Department does however have information from
the statutory accounts of NHS Trusts which shows the capital expenditure
ie the amount spent not raised, which has been financed by charitable
donations. Table 4.8h sets out the total amount of expenditure
broken down by NHS Trust for 1996-97.
3. The definition of a donated asset:
A donated asset is an asset acquired after the establishment
of the NHS on 5 July 1948, from other than Exchequer sources which
has been:
(i) received as a gift; or
(ii) purchased out of income received as a gift;
provided that consideration is not given in return.
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