Item 16 Appendix 2

Page 1

Projects that are Off Track at Period 10 Appendix 2
Service Project
Approved Project Life
Cost
Revised Project
Life Cost
Project Life
Variance
Initial Completion
Date
Revised
Completion Date
£'000 £'000 £'000
Education EDUC 4 - Schools Estate Improvement Plan                                  1,983                      1,983                  -   31/03/2026 31/03/2027
Project Name: Project - EDUC 4 - Schools Estate Improvement Plan Project Manager: Michelle Lynn
Initial Completion End Date: 31/03/2026 Revised End Date: 31/03/2027
How was this project initially funded: Please Detail any additional funding:
Prudential Borrowing n/a
Why is the project classified as off track and what has caused the issues identified?
What action will be taken to rectify the position?
New Completion Date: 31/03/2027 Prudential Borrowing
What are the implications on the actions proposed?
Revenue Implications:-
Virement Implications:- n/a
£802k requires rephasing to 26/27 to reflect anticipated expenditure on forthcoming programme priorities.
Source of Funding:
n/a