Department for Work and Pensions: Telereal Trillium
(asked on 26th April 2016) - View Source
Question to the Department for Work and Pensions:
To ask the Secretary of State for Work and Pensions, which one of his Department's assets Telereal Trillium are responsible for maintaining.
This question was answered on 4th May 2016
Since 1998 the Department for Work and Pensions occupies space provided through a Private Finance Initiative (PFI) known as the PRIME Contract.
Under the terms of this PFI Contract the Department sold all of its property assets and assigned all leases held to Telereal Trillium, and now leases back fully serviced accommodation from them.
As such the Department does not own any assets that are maintained by Telereal Trillium.