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Departmental Assets

Work and Pensions written question – answered on 12th December 2011.

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Photo of Liam Byrne Liam Byrne Shadow Secretary of State for Work and Pensions

To ask the Secretary of State for Work and Pensions what assets his Department owns in Birmingham; and what is the estimated value of each such asset.

Photo of Chris Grayling Chris Grayling The Minister of State, Department for Work and Pensions

This response is based on the definition of assets referring to departmental buildings and their contents. Since 1998 the Department for Work and Pensions (DWP) occupies the majority of its accommodation across the country under a 20-year private finance initiative (PFI) known as the PRIME Contract. Under the terms of this PFI the Department leases back fully furnished and serviced accommodation from its private sector partner Telereal Trillium. This covers a variety of building and facility management services. Therefore, the Department does not own building assets in Birmingham, or in any other part of the country.

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