§ Mr. BercowTo ask the Chancellor of the Exchequer what the cost of buildings insurance to his Department was(a) before and (b) after 11 September 2001. [66930]
§ Ruth KellyIn the case of Inland Revenue and HM Customs and Excise, the Departments have never insured their own properties. Following the transfer of departmental properties under STEPS, the PFI contractor (Mapeley) is required to insure them as part of PFI risk transfer. The cost of insurance is subsumed within the overall facility price payable under the STEPS contract.
In the case of the Treasury, the issue of buildings insurance only arises in the case of Allington Towers, for which HMT pay insurance under the terms of their lease. The cost covering the period November 2000 to October 2001 was £14,980; for November 2001 to October 2002 it is £17,342.