Source · Select Committees · Public Accounts Committee
Recommendation 23
23
Further, the Department does not fully understand the cost of achieving site disposals, creating the...
Conclusion
Further, the Department does not fully understand the cost of achieving site disposals, creating the risk that benefits will disappear. The 2020 Spending Review provided the Department with an additional £16.5 billion of defence funding, following which it announced that it would invest £4.3 billion to 2031 to enable estate disposals. This funding package relies on the Department recycling £2.2 billion of sales income between 2021–22 and 2039–40 in the DEO Portfolio. Therefore, any delays to disposals will reduce the funding available for relocation works.35
Government Response
A response document is linked to this report, dated 14 December 2021. Response attribution to this conclusion has not been verified. Read the response document ↗