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, and holds Cat B and C prisoners. It is run as part of the East of England region and has a capacity of 868. The #1 governor is Damien Evans, who has been in charge since October 2016.
The residential units are 3 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.
There are 12 wings in total, four on each of the three house blocks.
House block 3:
- W1 – First night and induction unit
- X1 – Integrated drug treatment system and first night centre for those requiring detoxification or stabilisation
- Y1 – Remand prisoners
- Z1 – Remand prisoners
House block 4:
- W2 – Convicted prisoners
- X2 – Convicted prisoners
- Y2 – Convicted prisoners
- Z2 – Convicted prisoners on the enhanced level of the incentives and earned privileges scheme
House block 5:
- Burghley wing – Convicted prisoners on the enhanced level of the incentives and earned privileges scheme, veterans, over-50s and those participating in release on temporary licence
- Royce wing – Safeguarding unit for vulnerable prisoners
- Cavell wing – Convicted category C prisoners whom the prison aims to progress to Burghley wing
- Nene wing – Convicted category C prisoners whom the prison aims to progress to Burghley wing