HC Deb 23 February 1999 vol 326 cc278-80W
Mr. Malcolm Bruce

To ask the Secretary of State for Education and Employment if he will list the items sold by his Department, its agencies and associated public bodies from those listed in the National Assets Register of November 1997; if he will give in each case the amount of money realised; if he will estimate the total cash raised from such sales to date; and if he will make a statement. [70412]

Mr. Mudie

[holding answer 11 February 1999]: The total value of money realised from the sale of assets by the Department, its agencies, and associated public bodies since the publication of the information in the National Assets Register is £13,391,196.

Asset management is kept under close review, and those which are surplus to requirements are disposed of as quickly as possible, subject to value-for-money considerations. They are normally disposed of on the open market by public auction or tender. The exception to this rule is that in DfEE, good working IT equipment is gifted to education and employment bodies and projects via third-party organisations. The following table lists items reported as sold by the Department, its agencies and associated public bodies since the information on assets was published in the National Assets Register of November 1997.

Employment Service Type of asset sold Value realised (£)
1997–98 Land and Buildings13,244,480
Fixtures and Fittings 9,000
Vehicles 1,117,586
Office Machinery 2,779
Other IT Equipment 83,734
1998–99 Land and Buildings2 1,575,000
(December 1998) Fixtures and Fittings 5,128
Vehicles 914,778
Other IT Equipment3 1,922
1Employment Service Property Assets listed in National Assets Register disposed of in 1997–98: Airdrie UBO, Barking JC, Biggleswade ESJ, Blaenavon ESJ, Bradford Clifford St. ESJ, Cardiff JC, Cowdenbeath ESJ, Doncaster Trafford Way ESJ, Dumfries JC, Dunoon JC, Eastleigh JC, Ellesmere Port UBO, Epping JC, Gorleston ESJ, Kelso ESJ, Llandrindod Wells ESJ, Loughborough PACT, Milford Haven ESJ, Nelson ESJ, Newton Le Willows ESJ, (Historic Lease) Northallerton ESJ, Orpington (the Walnuts), Parkhead UBO, Peterhead UBO, Preston JC, Rushden UBO, South Kirby ESJ, Stanford Le-Hope, Walton ESJ, Wishaw ESJ, Witney ESJ and Worcester ESJ.
2Employment Service Property Assets listed in National Assets Register disposed of in 1998–99 (up to December 1998): Camden Town ESJ, Malvern ESJ, and March ESJ.
3From 1 August 1998 the Employment Service entered into a partnership agreement with EDS for a period of 10 years. Under the partnership agreement, ES computer equipment (with the exception of telecommunication equipment) transferred to EDS for a nominal charge. The assets had a net book value of approximately £20 million at the date of transfer. They were exchanged for equivalent savings in the net present value of service charges over the term of the agreement.

Ofsted Type of assets sold Number of transactions Value realised £
1997–98 Vehicles—Cars 7 28,329
1998–99 Vehicles—Cars 4 20,318

Organisation Type of asset sold Value realised (£)
NCVQ/SCAR now QCA
1997–98 Office Machinery 450
Vehicles 2,432
1998–99 Other IT Equipment 3,500
Vehicles 19,297
Teachers Training Agency
1997–98 IT equipment 3,900
Construction Industry Training Board
1997–98 Building 140,000
Plant and Machinery 20,500
Office furniture and equipment 10,700
Vehicles 263,933
1998–99 Plant and Machinery 8,200
Office furniture and equipment 750
Vehicles 108,300
Funding Agency for Schools
1997–98 IT equipment 9,000
1998–99 IT equipment 3,400
Higher Education Funding Council for England
1997–98 Vehicles 4,200
IT equipment 25,500

Organisation Type of asset sold Value realised (£)
Remploy Ltd.
1997–98 Buildings 164,000
Plant machinery and other equipment 955,000
Vehicles 400,000
1998–99 Buildings 538,000
Plant machinery and other equipment 886,000
Vehicles 119,000
Student Loan Company
1997–98 Computer and other electronic equipment 463,000
Vehicles 43,000
Further Education Funding Council
1997–98 Equipment 2,285
1998–99 Equipment 502
Engineering Construction Industry Training Board
1997–98 Plant and machinery 118,000