2014 Report details for project: The Francis Crick Institute (formerly UKCMRI)

Project name: The Francis Crick Institute (formerly UKCMRI) - there are 5 reports for this project: 2013, 2014, 2015, 2016, 2017
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Organisation: BIS (D3) - see all reports for this organisation
Report year: 2014 (data is from Sept 2013)
Category: Infrastructure - see all reports for this category
Description: The Francis Crick Institute (formerly UKCMRI) is a joint venture between the UK's largest biomedical research and academic institutions: The Medical Research Council (MRC), Cancer Research UK (CRUK), the Wellcome Trust, University College London, Kings College, London and Imperial College, London. A new research Institution will be established involving the construction of a new facility located close to St Pancras station, London. This facility will accommodate 1,268 scientists when fully operational. The National Institute for Medical Research (NIMR) will be closed. This NIMR site at Mill Hill and the National Temperance Hospital site will be disposed of as part of this project. The project aims are: Sustain UK's position as a leader in biomedical research; Engagement with the most challenging research questions; A scale to compete with major new overseas developments; Promote the health of the public and wider UK economy; Address key concerns of 2006 Cooksey review on publicly-funded healthcare research; Excellent training environment for biomedical research.
DCA (RAG): Amber/Green
DCA text: The Amber/Green status reflects the good progress that has been made in terms of progress to time, cost and quality. Good progress has been made on the on going transition element of the project. The MRC Monitoring Committee reviews progress at its monthly meeting.
Start date: 2006-10-01
End date: 2017-12-21
Schedule text: The Project remains on schedule for completion by the forecast end date.
Baseline: £112.00m
Forecast: £112.00m
Variance: 0.00%
Variance text: No departmental narrative
Whole Life Cost: £753.00m
WLCost text: The Total (WLC) cost for the Crick project is circa £753m. This is funded by six partners; Medical Research Council (MRC), Cancer Research UK (CRUK), Wellcome Trust (WT), University College London (UCL), Kings College London (KCL) and Imperial college London (ICL). The funding proportions are; MRC - £253m towards construction costs, £30m for transition costs in the move from NIMR to the Crick and £47m towards land costs. The remaining £423m is provided by CRUK,WT,UCL,KCL and ICL.
Sourcefile: IPA_2014.csv

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