Buildings

Work and Pensions written question – answered on 13th September 2013.

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Photo of Chris Ruane Chris Ruane Labour, Vale of Clwyd

To ask the Secretary of State for Work and Pensions how many square metres of office space his Department (a) owns and (b) rents in London; and what the value is of that property.

Photo of Mark Hoban Mark Hoban The Minister of State, Department for Work and Pensions

Since 1998 the Department for Work and Pensions occupies the majority of its accommodation under a private finance initiative (PFI) known as the PRIME contract. Under the terms of this PFI the Department leases back fully serviced accommodation from its private sector partner Telereal Trillium

Therefore the Department does not own any properties under the PRIME contract.

The Department rents 85 sites which equates to 176,061m(2) of space across London. The vast majority of these are operational sites such as jobcentres, contact centres and processing centres.

The Valuation Office Agency 2012 valuations placed on these properties amounted to £365,371,623.

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