§ Mr. Matthew TaylorTo ask the Secretary of State for Education and Employment if he will list the items in the National Assets Register sold by his Department, its agencies and associated public bodies since 23 February 1999, stating in each case the amount of money realised; if he will estimate the total amount raised from such sales to date; and if he will make a statement. [104497]
§ Mr. WillsThe total value of money realised from the sale of assets by the Department from 23 February 1999 to January 2000, its agencies, and associated public bodies since the publication of the information in the National Assets Register is £8,407,482.
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 26W party organisations. The 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.
Department for Education and Employment Type of asset sold Number of transactions or transaction detail Value realised (£) 23 February 1999 to January 2000 Vehicles 29 120,103 Other IT equipment By sale 1,352 4,114 By recycle project1 478 0 Freehold Property2 Letchworth Skills Centre 500,000 Office Machinery 9 3,500 1 Other IT Equipment—Other than the items sold by public auction and the recycling project, approx. 676 IT items were "scrapped" as they had no open market value. 2 Letchworth Skill Centre—this property was disposed of in October 1998. The cash for this sale is payable in instalments spanning several years. The value realised represents the money received by the Department from this sale since last reported. There remain two instalments to be collected totalling £850,000 (£500,000 due in April 2000 and £350,000 due April 2001). 27W
Organisation Type of asset sold Value realised (£) Employment Service January 1999-December 1999 Land and buildings1 3,870,754 Fixtures and fittings 280 Vehicles 1,522,031 Office machinery 1,725 Ofsted 1999–2000 Vehicles—cars2 26,952 QCA 1998–99 IT equipment 1,179 Motor vehicles 19,279 1999–2000 Motor vehicles 3,503 Teachers Training Agency 1999–2000 Office equipment 1,700 Construction Industry Training Board 1999–2000 Land and buildings 219,850 Plant and machinery 2,568 Vehicles 253,271 Funding Agency for Schools1 1998–99 IT equipment 3,600 1999–2000 IT equipment 1,600 Furnishings 400 Fixtures and fittings 35,000 Investors in People (UK) 1998–99 IT equipment 1,080 1999–2000 IT equipment 138 Equal Opportunities Commission 1998–99 Miscellaneous 920 1999–2000 Miscellaneous 2,048 Remploy Ltd. 1998–99 Buildings 540,000 Plant and other equipment 384,000
Organisation Type of asset sold Value realised (£) 1999–2000 Buildings 270,000 Plant and other equipment 473,000 Other 35,000 Student Loan Company 1998–99 Computer equipment 26,000 Vehicles 10,175 1999–2000 Office furniture 630 Further Education Funding Council 1999–2000 IT equipment 3,607 Office furniture 340 Office equipment 135 Engineering Construction Industry Training Board 1998–99 Vehicles 61,000 IT equipment 1,000 1999–2000 IT equipment 7,000 1 Employment Service Property Assets listed in the National Assets Register were sold between 1 January 1999 and 31 December 1999: Elephant & Castle ESJ; West London AT Crosby ESJ. 2 Number of transactions: 7