Appendix IV – Significant Capital Projects Progress Update

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SIGNIFICANT CAPITAL PROJECTS
PROGRESS UPDATE
APPENDIX IV
Project Title Total
Gross
Budget
Third Party
Funding
(£'000)
Total Net
Budget
(£'000)
Projected
Outturn
(£'000)
Completion Date Contract
Awarded
On Site Status Change Since
Last Report
Additional Commentary
Blairgowrie Recreation
Centre - Replacement
36,000 0 36,000 36,000 Phase 1 completion
date December 2024,
phase 2 Easter 2025.
Yes Yes On track No Works are progressing well on-site.
New Primary School at
Bertha Park Site
24,000 0 24,000 24,000 Summer 2028 No No Rephased pending
review
No Rephasing of the project to take account of the
projections for the number of catchment pupils.
Riverside Primary New
School
19,899 0 19,899 19,899 June 2023 Yes Yes Complete Yes. Complete. Official opening 26 March 2024.
Perth High School - New
School Investment
80,200 0 80,200 80,200 Summer 2026 - school
building curently
scheduled to open
summer 2025
Yes Yes On track No Works are progressing on-site.
Harris
Academy/Invergowrie
Extension
5,200 0 5,200 5,200 Late 2023 Yes Yes On track No Main extension complete, reconfiguration works still to be
undertaken.
Cross Tay Link Road
(CTLR)
150,500 40,000 110,500 110,500 Spring 2025 Yes Yes On programme No Works progessing and remain on target for completion in
Spring 2025 as per the current programme. Bridge deck
works commenced in March 2024 with the first deck
segment concrete pours. Now that this is underway,
progress will be closely monitored to inform a detailed
analysis of available contingency and compensation
events which will give more certainty over the cost
forecasts (which are currently within budget).
Comrie Flood Protection
Scheme
39,544 0 39,544 39,544 Summer 2026 No No Advance works
complete; Main works
to be re-tendered April
2024
Yes Main works tender received in June 2023 but cost
significantly higher than anticipated; Finance have since
received confirmation from Scottish Government that the
capital grant will be increased to match the revised value
(equal to 80% of the project cost at tender stage) and the
Council's capital plan (for the remaining 20%) was
approved at Council Committee on 28/2/24. However,
the June 2023 tender has timed out.  Therefore, the main
works will be re-tendered in April 2024 with a tentative
start date of August 2024, subject to tender value
remaining within budget.  The works programme is
currently being reviewed with a duration of up to 2 years
(August 2026).Perth Eco Innovation Park* 32,817 11,275 21,542 21,542 Not currently
programmed
No No Preliminary design
works completed
Yes Procurement of the design consultant has progressed as
far as possible, but is put on hold pending full funding
package being in place. Discussions between PKC and
the developers on the required private sector contribution
levels are on-going to secure an indicative £13m. An
Outline Business Case has been submitted to secure
£5m from the Tay Cities Deal which would then be
subject to approval of Full Business Case. Further
evidence is being gathered to ensure that the identified
£5m from sale receipts are in line with market trends.
The above £23m contributions would complement the
£10m approved by the Council to meet the project total
estimated costs of £33m.
Perth Museum 27,232 10,300 16,932 16,932 Spring 2024 Yes Yes On track No Project complete and opened to public 30 March
PH2O 90,000 0 90,000 90,000 Not currently
programmed
No No Outline Business Case
reported to Council  23
February 2023, and
project on hold
pending review.
Yes Leisure assets review recommendations considered by
Council 22 Jan 2024 with instruction to re-scope PH20
and revert to Council Aug '24 with re-costed option.
* Third Party Funding excludes Developer Contributions and receipts to be received in future years beyond the current 5-year programme.