I am unable to break down the annual payment for the provision of fully serviced office accommodation for Main Building and Old War Office under the PFI Contract as the contract is not constructed in this manner. The contract payments include a service element and the repayment of the bank debt under the terms of the PFI credit agreements.
The £55 million annual payment figure is derived from the £1.65 billion project approval figure (based on a constant price estimate i.e. excluding inflation) spread equally over 30 years.