Land Securities Trillium's price provided greater savings than the should cost model

3.23  The Department's should cost model identified net savings it thought Land Securities Trillium could achieve through combining the PRIME and PRIME expansion estates as £178 million, relative to a total baseline cost (assuming no savings) of £1,413 million in net present value terms. Against the same baseline Land Securities Trillium's bid showed net savings of £220 million in net present value terms.