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PFI Investments  >  About PFI Investments  >  PFI contract summary

PFI/PPP contract summary

Interserve has one of the largest portfolios of PFI/PPP projects.
At 4 August 2008 the breakdown was:

Signed contracts:
- under construction 7
- under construction with interim services 1
- operational 21
29
Preferred bidder: 2
Disposed of: 2


 
------ Interserve services ------
--------------------- Dates -------------------- Share of
equity/

Design/

Whole-life Fully Contract sub-debt Total capital
Contract

build

Operate value £m Status Awarded operational end % £m required £m
Health
Cumberland Infirmary yes 135 operational late 1997 early 2000 2030 50 2.9 84
UCL Hospital yes 400 operational mid 2000 mid 2005 2040 33 9.4 292
Dudley NHS Trust yes 600 operational mid 2001 early 2005 2041 33 3.1 164
Newcastle NHS Trust yes 130 interim serv. early 2005 mid 2013 2043 20 4.9 337
Pembury Hosp., Tunbridge Wells yes 75 construction early 2008 late 2010 2040 25 5.2 231
Education
Sheffield Schools yes yes 90 operational mid 2000 late 2001 2026 50 3.2 56
St Genevieve's School yes 5 operational mid 2000 early 2002 2027 33 0.3 15
Southampton Schools yes yes 60 operational late 2001 late 2003 2031 50 2.0 46
Hattersley (Tameside) Schools yes yes 35 operational mid 2002 early 2003 2033 50 1.0 20
Tyrone - Omagh yes 15 operational late 2003 late 2005 2035 50 1.0 20
Tyrone - Dungannon yes 15 operational late 2003 mid 2006 2036 50 1.0 20
Cornwall Schools yes yes 90 operational mid 2004 mid 2007 2032 50 3.1 53
Telford & Wrekin Schools (HLC) yes yes 120 operational early 2005 late 2006 2034 50 3.8 75
Holy Cross yes 15 construction late 2006 late 2008 2033 50 1.5 32

Plymouth Schools

yes yes 60 construction early 2007 late 2008 2033 50 1.8

45

Leeds BSF phase 1

yes yes 195 construction early 2007 late 2008 2033 40 3.3

123

                    phase 2

yes yes 50 construction early 2008 mid 2009 2034 40 1.1

31

Derry

yes - pref. bidder - - - - -

-

Down & Connor

yes - pref. bidder - - - - -

-

 

Custodial
Harmondsworth I.D.C. yes 55 operational mid 2000 late 2001 2009 49 - -
Ashford Prison yes 45 operational late 2002 mid 2004 2029 33 2.1 65
Peterborough Prison yes 60 operational early 2003 early 2005 2030 33 2.5 90
Addiewell Prison yes 70 construction mid 2006 early 2009 2038 33 3.0 100
Defence
Defence Training Estate yes 600 operational early 2003 mid 2003 2013 51 - -
Defence 6th Form College yes yes 115 operational mid 2003 mid 2005 2033 45 2.2 51
Armada – Devonport FAC yes yes 245 operational mid 2004 early 2008 2029 50 5.0 86
Corsham comms centre yes - construction mid 2008 late 2011 2036 50 7.0 139
Central/local government
Inland Revenue, Newcastle yes 135 operational early 1998 late 2002 2031 20

0.2

256
Cornwall Fire Stations yes 8 operational mid 2001 early 2003 2028 50 0.6 9
Portsmouth Social Services yes yes 20 operational mid 2001 mid 2002 2032 50 0.2 5
H&SE Laboratories, Buxton yes 55 operational early 2002 late 2004 2034 20 0.8 78

 
------- Interserve services ------- ------------------------- Dates -------------------------- Share of equity/sub-debt

Design/

Whole-life Fully originally invested

build

Operate value £m Awarded operational Disposal % £m
Assets disposed of
Neath Port Talbot Hospital yes 60 mid 2000 late 2002 late 2004 25 2.1
Oxford Littlmore Hospital

yes

10 mid 1998 late 1999 early 2006 33 0.1

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