1.6 The PFI project involves demolition and new build for the most dilapidated Victorian buildings. Bywest will also carry out extensive refurbishment of newer, existing buildings, with a capital cost of some £12.2 million. This work will be funded from land sales, rather than by unitary payments under the PFI deal. In addition, the Trust awarded Ecovert, part of the Bywest consortium, a contract for facilities management, worth some £800,000 a year for two years before the unitary payments begin.
