2013 Report details for project: FE Capital Investment Programme

Project name: FE Capital Investment Programme - there are 2 reports for this project: 2013, 2014
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Organisation: BIS (D3) - see all reports for this organisation
Report year: 2013 (data is from Sept 2012)
Category: Infrastructure - see all reports for this category
Description: To renew and modernise the FE College estate with modern, versatile buildings, facilities and industry standard equipment; through a well managed, benefit/value-focused programme; offering learners high quality learning environments in line with Ministerial priorities.
DCA (RAG): Amber/Green
DCA text: MPA RAG rating is Amber / Green based on previous evaluations. There is no material movement on this position to report. Project stock takes carried out regularly to assess performance against projected outcomes. Information fed into the monthly SRO & Capital leads meeting to assess and action as appropriate. Regular review of performance against budget to monitor commitments over the life of the projects ensuring maximisation of resource and funds.
Start date: None
End date: None
Schedule text: Projects are on schedule to deliver a balanced budget. The Agency is developing a strategy to address the medium to longer term requirements of the FE sector through strategic estate modernisation.
Baseline: £272.66m
Forecast: £272.66m
Variance: 0.00%
Variance text:
Whole Life Cost: £4,578.42m
WLCost text: Whole life costs include over 50% contribution from non government sources including college reserves, borrowing and disposal proceeds.
Notes1:
Notes2:
Sourcefile: BIS_2013.csv

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Acknowledgement: GMPP data has been re-used under the Open Government Licence.