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Issue - meetings

Funding Request for Asset Management Strategy

Meeting: 17/04/2024 - Executive (Item 181)

181 Funding Request for Asset Management Strategy pdf icon PDF 73 KB

Purpose:

To present the benefits of an Asset Management Strategy and Condition surveys and secure funding for their delivery.

 

Recommendations:

That the Executive Resolves 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.

Minutes:

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.