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