Chamber and committees

The timing of the Clydebank Health Centre has yet to be agreed. The project, with a capital cost of £19 million, is expected to be financed via the hub design-build-finance-maintain programme.

The Office for National Statistics takes decisions independently about projects or programmes that it wishes to review. The proposed design-build-finance-maintain-model is not currently under review. Engagement with Eurostat, on any issues of classification, would be a matter for the Office for National Statistics or the UK Government, as the relevant EU member state.

Shareholders will have the right to invest subordinated debt in the same ratio as their shareholding.

I refer the member to the answer to question S4W-26458 on 31 July 2015. All answers to written parliamentary questions are available on the Parliament’s website, the search facility for which can be found at: www.scottish.parliament.uk/parliamentarybusiness/28877.aspx

Scottish Futures Trust is leading work on the creation of a new charity that will form part of the structure of future hub infrastructure projects, seeking advice when required including ongoing engagement with the Office of the Scottish Charity Regulator with which it met on 16 July 2015.

I refer the member to the answer to question S4W-26469 on 31 July 2015. All answers to written parliamentary questions are available on the Parliament’s website, the search facility for which can be found at:

www.scottish.parliament.uk/parliamentarybusiness/28877.aspx.

The procuring authority will own the assets.

At the start of the year, it was anticipated that the following projects would reach financial close as set out in the following table:

Month	Project
January	Forfar Academy
February	Inverclyde Health Centre, Baldragon Academy
March	NHS Lothian Bundle, Newbattle High School, Anderson High School, Kelso High School, Elgin High School
April	-
May	-
June	Barrhead High School, Our Lady and St Patricks High School

Forfar Academy reached financial close in June 2015 following completion of an early construction works package and the Anderson High School is due to reach financial close shortly. Other projects have been delayed by a combination of changes to Eurostat guidance and project specific issues. It is too early to provide revised dates for reaching financial close.

The intention is that any projects that sign under the existing structure including Forfar Academy and Anderson High would transfer to the new structure at a later date.

The eight hub design-build-finance-maintain (DBFM) projects that had been due to reach financial close by the end of 2014-15 had not reached financial close by 31 March 2015. For project specific reasons, the Forfar Academy and Anderson High School Shetland have been allowed to progress to financial close. Elgin High School, Baldragon Academy Dundee, Newbattle High School, Kelso High School, NHS Lothian Health Centre Bundle, and Inverclyde Care Home have been affected by a combination of Eurostat and other project specific programme issues. Other hub DBFM projects due to reach financial close in the early part of the current financial year, Our Lady and St Patricks High School and Barrhead High School, have faced project specific issues and are now also affected by the need for further consideration of the implications of the review by the Office of National Statistics of the classification of the Aberdeen Western Peripheral Route. The length and cost of any delay will only be known when contracts are signed.