Private Finance Initiative

Department for Work and Pensions written question – answered on 20th October 2014.

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Photo of Simon Kirby Simon Kirby Conservative, Brighton, Kemptown

To ask the Secretary of State for Work and Pensions, what the total private finance initiative liabilities of his Department are for the next 20 years; and if he will make a statement.

Photo of Steve Webb Steve Webb The Minister of State, Department for Work and Pensions

The Department has three current private finance initiative contracts:

1. The Private Sector Resource Initiative for the Management of the Estate (PRIME). A 20 year PFI partnership awarded on 1st April 1998 to Trillium (now Telereal Trillium). PRIME delivered a transfer of property ownership of the DWP estate and outsourced most facilities management services. The PRIME contractor is responsible for all landlord and property related tasks, delivers a total maintenance programme and provides all building related services.

2. Health and Safety Laboratory, Buxton. A 30 year contract awarded on 1st April 2002 to Interserve plc.

3. Health and Safety Executive, New Merseyside Centre, Redgrave Court, Bootle. A 30 year contract awarded on 1st October 2003 to Honeywell Control Systems, supported by Reliance FM as the prime facilities management provider.

The remaining financial liabilities for each contract between 2014/15 and its expiry date are:

PRIME 2014/15 to 2017/18 £2,074.47m

HSL 2014/15 to 2034/5 £278.79m

HSE 2014/15 to 2034/5 £244.73m

Total £2,597.99m

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