2016 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: 2016 (data is from Sept 2015)
Category: Infrastructure - see all reports for this category
Description: The Francis Crick Institute 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. The funds from the sale of the former NIMR site at Mill Hill and the former National Temperance Hospital site will be used as part of this project.
DCA (RAG): Amber/Green
DCA text: On 1st April 2015 the NIMR transferred to the Francis Crick Institute. This highly complex transfer included the transfer of 611 former NIMR staff by TUPE, all NIMR assets and the leasing of the NIMR site. Construction of the new Francis Crick Institute near St. Pancras is scheduled to be complete as planned in November 2015. However, Practical Completion of the building is delayed due to difficulties in completing the extensive commissioning activities. This delay will not impact on the planned overall end date of the project as staff and equipment occupation plans will be accelerated. The project remains within the budget set in 2010. On 30th June 2015 contracts were exchanged with a Developer to sell the NIMR site at Mill Hill. The funds from the sale of this site will be sufficient to complete MRC's funding obligations to the Francis Crick Institute. The sale will be completed when MRC is in a position to fully vacate the site.
Start date: 2006-10-01
End date: 2016-12-31
Schedule text: Data not provided
Baseline: £6.20m
Forecast: £6.20m
Variance: None%
Variance text: Budget variance less than 5%.
Whole Life Cost: £752.70m
WLCost text: The Whole Life Costs represent the total construction costs including contributions from all the participants.
Notes1: Budget variance less than 5%.
Sourcefile: IPA_2016.csv

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