Peterborough is operated under a 25-year DCMF contract awarded by the Ministry of Justice to Peterborough Prison Management Ltd., which sub-contracts the operator, Sodexo Justice Services (formerly Kalyx). It opened on 28 March 2005. It is run as part of the East of England region and has a capacity of 624. The #1 governor is Nick Leader.
The residential units are 2 house blocks. Each has 4 wings and each wing has 2 landings. All wings are self contained with a servery, showers, baths and association space. All cells have fitted furniture and each wing has purpose-built double cells. Other cells are single, some of which have been adapted for two prisoners.