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Core Storage

Volume 503: debated on Thursday 7 January 2010

To ask the Minister of State, Department for Business, Innovation and Skills what independent valuation has been made of his Department's core store site at Gilmerton; and (a) by whom and (b) when this valuation was made. (308670)

An independent valuation was carried out for the Department by the Valuation Office Agency in March 2009.

To ask the Minister of State, Department for Business, Innovation and Skills what estimate he has made of the cost of (a) constructing and (b) operating the proposed new core storage facility in Nottinghamshire. (308672)

These are issues for the Natural Environment Research Council. The cores will be located in an extension to the existing National Geological Data Centre in Nottinghamshire. I am advised that construction of the extension and relocation of the samples will be more than offset by the capital gain on the Gilmerton store, and that operating costs will be reduced by about £200,000 year.