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Decision details

Funding Request for Asset Management Strategy

Decision Maker: Director of Finance - Madhu Richards

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes


Councillor Alaric Smith, Executive Member for Finance, introduced the report, which presented the benefits of an Asset Management Strategy and Condition surveys and secure funding for their delivery.


Councillor Alaric Smith proposed that the Executive agree to the recommendations as listed on the report. This was seconded by Councillor Andy Graham, was put to a vote, and was unanimously agreed by the Executive.


The Executive Resolved to:

  1. Agree to commission an Asset Management Strategy and allocate funding of £50,000 from the Property Budget 2024/2025;
  2. Delegate authority to the Director of Finance, in consultation with the Executive Member for Finance, to award the contract for Conditions surveys following an Open Procurement;
  3. Agree to allocate funding of £30,000/year from future revenue budgets for a rolling programme of building and carpark condition surveys.

Report author: Claire Locke

Publication date: 19/04/2024

Date of decision: 17/04/2024

Decided at meeting: 17/04/2024 - Executive

Effective from: 28/04/2024

Accompanying Documents: