|
|
 |
 |

PFI Investments
>
Case studies
>
Inland Revenue Estate, Newcastle


Inland Revenue Estate, Newcastle
Interserve Investments Plc have an equity stake in this project to be delivered through the Private Finance In initiative (PFI), for the re-development of the Department of Social Security's Longbenton estate to rationalise their Newcastle and Washington sites.
Amec Developments, Interserve's consortium partner managed the design and construction work. Accommodation, for approximately 12,000 staff will comprise of new buildings covering 864,000 sq ft and retained buildings, Tyneview Park and Durham House, totalling 536,000 sq ft. Building work commenced March 1998.
DSS will now be able to concentrate on their core business in the knowledge that Newcastle Estate Partnerships Ltd (Interserve and Amec Developments) will fund, build and manage their estate for the next 25 years.
Interservefm Ltd will provide a range of hard and soft services in both the new and retained buildings.
Services will include: decant and migration of over 12,000 staff, estate management, engineering and technical services, building fabric repair and maintenance, water quality assurance, grounds maintenance, window cleaning, pest control, fire protection systems, help desk, project management.
A major element of the project has been transfer of risk of NEP including such areas as building design and construction delays through to performance of the buildings.
|
 |
 |
Project Summary |
|
 |
 |