Finance Committee - Inquiry into the funding of capital investment projects
The Committee is currently conducting an inquiry into the methods of funding public sector capital investment projects. The Committee considered its approach to the inquiry at its meeting on 25 September 2007. Please follow the links below to the approach paper (including a SPICe briefing note on different methods of funding) and the Official Report of the meeting.
Remit
The Committee has agreed a broad remit. The inquiry will consider and report on the advantages and disadvantages of different actual and proposed models of funding capital investment projects. This can include the implications of the different models for costs and revenue streams and for the management and public benefit of the projects.
This inquiry proposes to look at the PFI model as well as alternative methods of capital investment, including the proposals from the Scottish government.
Written evidence
The original call for written evidence has now closed. Please follow the links below for the call for evidence and submissions received.
Following the Scottish Government's publication of Taking Forward the Scottish Futures Trust (see below), the Committee agreed to seek further written comment on the Scottish Futures Trust proposals from all witnesses who gave evidence to the inquiry. All submissions received can be found via the link below.
The Committee also sought written evidence from the UK Government on specific points related to the inquiry. Please follow the link below to correspondence between the Convener and the Rt Hon Yvette Cooper MP, Chief Secretary to the Treasury.
Oral evidence
The Committee held a programme of oral evidence during April and May 2008. Information regarding the themes and aims these sessions can be found by clicking the link below.
The Committee held a further round-table evidence session on the Scottish Futures Trust on 9 September 2008. Please follow the link below to the committee papers and Official Report of the meeting.
Report
At its meeting on 16 September, the Committee agreed that it
will now consider a draft report on the
inquiry. Consideration of the draft report will be held in
private session and will begin on Tuesday 23 September. Further
information will appear here in due course.
The Scottish Futures Trust
The Scottish Government published the document, Taking Forward the Scottish Futures Trust, on 20 May 2008. The document is available on the Scottish Government's website (click link). The Cabinet Secretary for Finance and Sustainable Growth also wrote to the Committee on 20 May 2008. Please follow the link below for the letter.
Following his appearance at the Committee's meeting on 27 May 2008 (see oral evidence page), the Cabinet Secretary wrote to the Committee on 23 June 2008. Please follow the link below for the letter.
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Adviser: The Committee has appointed Grant Thornton - represented by Nathan Goode and Marianne Burgoyne of its Government and Infrastructure Advisory team - as an independent adviser for this inquiry.
Contact: For specific information on the inquiry, please contact Mark Brough, Senior Assistant Clerk to the Committee, on 0131 348 5205 or email finance.committee@scottish.parliament.uk
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