Ministry of Defence written question – answered on 28th November 2014.
To ask the Secretary of State for Defence, what the running cost was of MOD Main Building in 2013-14; and what the estimated value of that building is.
The total running costs, including gas, for Ministry of Defence (MOD) Main Building are not held as it is managed under a PFI contract which covers both the MOD Main Building and the Old War Office Building. The cost of the PFI contract cannot be released as to do so could prejudice commercial interests.
Additional costs of MOD Main Building for 2013-14 are set out below:
Item | Cost for 2013 - 14 |
Rates | £8.3 million |
Electricity | £2.7 million |
Water | £0.127 million |
Details of MOD land holdings with asset valuation over £1 million can be found in Chapter seven of the National Asset Register, last published by HM Treasury in 2007: http://www.official-documents.gov.uk/document/cm70/7022/7022.pdf
The National Asset Register is on a historic replacement cost basis, not market value. We do not routinely assess the current market value of all our estate because the estimated receipts will depend on market conditions and other factors.
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