Thank you, Madam Chair. I will just use Stanton as an example. When Stanton went into procurement and then went into construction, just like every other project, the full value of Stanton shows up in our capital estimates, and the Assembly votes on the annual amounts related to that project. What is showing up on the borrowing plan is just the private sector's long-term debt that they have incurred to help finance that project. When Stanton went into operations, then the O and M part of that, there is a service payment that is on the department of health's annual main estimates. That payment includes several components. It includes the debt servicing component. It includes also the annual O and M and deferred maintenance that we pay BHP for that project, so the O and M side is shown in the department of health's operating budget that the Members will see later this session. All this is showing is the P3 debt that is on our books. Thank you, Madam Chair.
Mr. Kalgutkar on Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on February 8th, 2021. See this statement in context.
Consideration In Committee Of The Whole Of Bills And Other Matters
Consideration In Committee Of The Whole Of Bills And Other Matters
February 8th, 2021
Page 1811
Kalgutkar
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