Summary

1  In March 2002, following a procurement that began in 1996, the Home Office signed a 29 year contract with Annes Gate Property plc (AGP)1 for funding demolition of the old Department of the Environment building at 2 Marsham Street, design and construction of new headquarters accommodation on part of the site and provision of associated services.  The Home Office expects to move into its new building in 2005 when it will begin paying AGP a monthly charge for the building and associated services amounting to £311 million (net present cost) over the life of the project. At the end of the contract in 2031, the Home Office will have the option of vacating or purchasing the building.  The building will be able to accommodate up to 3450 Home Office central London headquarters staff including those employed by the Prison Service, an executive agency of the Home Office.

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1  A company owned by Byhome Ltd (which in turn is owned by Bouygues UK Ltd and Ecovert FM Ltd both of which are owned by Bouygues Construction S.A., a major international construction company based in France) and HSBC Infrastructure Ltd.