Email sent - 27 October 2014 07:22
Dear Mr Bradshaw
Can you please explain to me what happens to the debt in the event a PFI contractor goes bankrupt?
Let me give you a couple of clear examples.
As you are aware, Carrilion are the PFI Contractors for Exeter 6 PFI schools.
2. Balfour Beatty Group who hold multi BILLION Pounds PFI Contractors nationwide.
Are these PFI contracts adequately ring-fenced in the event of bankruptcy?
Could this be why PFI figures are purposely omitted from the National Debt.
I suppose the taxpayer will pick up the bill for any PFI bankruptcies.
Look forward to your response.
Alan M Dransfield