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23 Mar 2009 : Column WA101



23 Mar 2009 : Column WA102

Pension Credit Clearance Times
Average Actual Clearance Time National Target—15 Days
MotherwellSeahamStockportSwanseaWarrington

Mar 07

15.4

15.1

23.9

13.9

17.0

Apr 07

13.9

15.0

20.8

14.5

15.2

May 07

15.8

14.8

17.8

12.1

15.5

Jun 07

16.0

17.4

19.0

10.4

16.6

Jul 07

18.2

16.2

23.7

12.3

19.2

Aug 07

17.0

13.9

22.7

13.2

18.7

Sep 07

14.4

14.8

25.6

14.6

18.4

Oct 07

11.8

15.3

25.1

16.6

16.5

Nov 07

11.6

16.6

22.5

15.1

15.0

Dec 07

12.7

17.0

25.2

17.4

16.0

Jan 08

15.1

20.1

26.2

16.9

15.1

Feb 08

14.8

16.8

24.8

17.3

12.1

Mar 08

12.3

12.6

20.0

16.8

11.6

Apr 08

13.4

12.6

19.0

16.4

16.0

May 08

14.8

11.3

18.6

17.8

15.4

Jun 08

18.1

10.9

17.5

17.8

17.7

Jul 08

16.9

11.4

20.6

19.3

21.1

Aug 08

15.8

11.5

20.5

17.9

19.2

Sep 08

15.1

12.3

18.3

14.0

15.5

Oct 08

15.3

13.3

17.0

12.0

15.0

Nov 08

17.0

15.8

17.3

12.6

16.5

Dec 08

17.0

14.3

16.5

13.6

15.5

Jan 09

18.7

14.3

18.4

14.2

16.7

Feb 09

21.1

12.2

13.8

15.4

17.7

Police: Race and Gender

Question

Asked by Lord Ouseley

The Parliamentary Under-Secretary of State, Home Office (Lord West of Spithead): The workforce productivity inspection in the Police Service “Working for the Public” will be conducted by HMIC in 2010. During 2009 HMIC will be designing the methodology for this major inspection. Stakeholders will be consulted, and staff with the appropriate skills and background will be recruited.

Police: Training

Question

Asked by Lord Harris of Haringey

The Parliamentary Under-Secretary of State, Home Office (Lord West of Spithead): Training is available to these non-Home Office police forces via the National Policing Improvement Agency. However, there are no specific mandatory training programmes.

Private Finance Initiative

Question

Asked by Lord Marlesford

The Parliamentary Under-Secretary of State, Department of Health (Lord Darzi of Denham): Information on the capital value and estimated revenue payments for the lifetime of each completed private finance initiative (PFI) scheme together with the start on site and opening dates has been placed in the Library.

The revenue payments are the annual payments made by National Health Service trusts to their private sector partners. This is to cover the cost of the funding raised by the contractors on the project (known as senior debt) in terms of financing charges and repayment of principal, building maintenance, lifecycle costs and, in many cases, non-clinical support services such as cleaning, laundry, catering, portering and security. On an annualised basis, the cost of the funding, comprising finance charges and principal in varying proportions, accounts for approximately 50 per cent of the annual payment for a scheme including non-clinical services.

PFI schemes are normally funded by two types of senior debt finance; traditional fixed rate project finance (a bank loan) and index linked bonds, priced by reference to bank and gilts rates respectively. Each source of debt finance has its relative merits and their prices move in relation to each other depending on market conditions. Decisions on the preferred source are made as part of the value for money calculation by the trust and its private sector partner at the time of preparing

23 Mar 2009 : Column WA103

the full business case (FBC). To these rates is then added a margin, which is an annual charge pricing the risks in the project. Both funding routes also involve a number of costs associated with arranging and maintaining the funding for a scheme such as arrangement and commitment fees. The combination of rates, margins and fees is the overall financing charge—the equivalent of an interest payment.

The overall financing charges therefore vary from scheme to scheme and depend on several factors. Information on financing charges is contained in the FBC for each scheme, which must be made publicly available following its approval. The financing charges are modelled for each year of the term of the loan in the financial models which are contained in the FBC and are fixed for the public sector, but these may differ from the actual charges incurred in any year by the private sector (the risk sits with the senior debt provider and contractors). The information on the actual finance charges paid in any one year for all PFI schemes which have opened could be obtained only at disproportionate cost.

Public Bodies

Question

Asked by Lord Selsdon

The Parliamentary Under-Secretary of State, Ministry of Defence (Baroness Taylor of Bolton): Information on board membership and remuneration is published in individual bodies' annual reports and accounts.


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