FOI Request - PFI Costings

Request 101001288574

I am interested to know what Moray Council's current monthly costs to PFI are and to whom they are paid. I would also like to know the term of years that we are committed to?

Response 01-09-2016

The current costs under the Public Private Partnership scheme (PPP scheme) are £398,800 per month (excluding recoverable VAT) and is paid to IPP (Moray Schools) Ltd The contract is for 30 years and commenced in 2011/12.

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