§ Mr. SoleyTo ask the Chancellor of the Exchequer what are the revised cost estimates of the new Nottingham headquarters building for the Inland Revenue; and what are the expected annual savings to the Treasury.
§ Mr. DorrellThe construction work for the project for a new Inland Revenue building in Nottingham is currently at the tendering stage. Consequently the cost estimates for the various work packages remain, at present, commercial-in-confidence. It is fully expected that the outturn will be within the agreed budget for the project.
The currently estimated annual net accommodation and pay savings are around £12 million from 1996–97 following completion of the project.