Capital Monitoring - Appendix IV
Perth and Kinross Council · 1 February 2023
Back to Finance and Resources Committee — 1 February 2023 and its agenda
Text extracted from the council's PDF. Layout and reading order may differ from the original.
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PERTH AND KINROSS COUNCIL SIGNIFICANT CAPITAL PROJECT 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 26,701 0 26,701 26,701 To be advised at Financial Close No No Full Business Case (FBC) to be tabled to Council 1st March 2023 No Revised completion date to be provided in early March 2023. Full Business Case scheduled to be presented to Council on 1st March 2023. North/West Perth New Primary School* 24,000 0 24,000 24,000 Summer 2026 No No Currently at Initiation stage No New Project Request scheduled to be submitted to HubCo early Feb 2023 Riverside Primary New School 19,899 0 19,899 19,899 Late spring 2023 Yes Yes On track No Perth High School - New School Investment 80,200 0 80,200 80,200 Summer 2026 - school building curently scheduled to open summer 2025 No No Full Business Case approved by Council 21 December 2022 Yes - Approved to progress to Financial Close Additional £11.5m of funding approved by the Council on 21 December 2022. Financial close anticipated Feb 2023 Harris Academy/Invergowrie Extension 5,200 0 5,200 5,200 Late 2023 Yes Yes On track No Construction contract signed - project to be delivered by Dundee City Council Cross Tay Link Road (CTLR) 150,500 40,000 110,500 110,500 Spring 2025 Yes Yes On track No Comrie Flood Protection Scheme 28,435 0 28,435 28,435 End of 2024 No No Advance works substantially complete No Detailed design on-going but delayed. Preliminary advance works are ongoing and substantially complete with main construction works anticipated to start in summer 2023, with a duration of 18 months. Perth Eco Innovation Park* 21,086 9,544 11,542 26,273 Not currently programmed No No Preliminary design works completed Yes - confirmation of funding bid The Council was advised on 19 January 2023 that its application for Round Two Levelling Up Fund Grant of £10 million towards the project has been unsuccessful. Perth Museum 27,232 10,300 16,932 16,932 Spring 2024 Yes Yes On track No Collections Centre 6,578 0 6,578 6,578 Not currently programmed No No Options still under consideration No PH2O 90,000 0 90,000 90,000 Not currently programmed No No Outline Business Case reported to Council 23 February 2022. No Joint Elected Member & LAL Project Board and Senior Officer Group established * Third paty Funding excludes Developer contributions and receipts to be received in future years