Item 14 - Appendix 2
West Dunbartonshire Council · 21 May 2025
Back to Infrastructure, Regeneration & Economic Development Committee — 21 May 2025 and its agenda
Text extracted from the council's PDF. Layout and reading order may differ from the original.
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Projects that are Off Track at Period 10 Service Project Approved Project Life Cost Revised Project Life Cost Project Life Variance Initial Completion Date Revised Completion Date £'000 £'000 £'000 RN 17 Posties Park Sports Hub - New sports hub to include gym & running track 6,385 6,718 333 31/03/2022 29/11/2025 RN 21 Allotment Development 492 492 - 31/03/2024 31/03/2026 RN 31 Exxon City Deal 44,325 46,942 2,617 31/03/2027 31/03/2028 Project Name: Posties Park RN 17 Project Manager: Gail McFarlane Initial Completion End Date: 31/03/2022 Revised End Date: 29/11/2025 How was this project initially funded: Council Capital Funding/Prudential Borrowing. Please Detail any additional funding: 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? n/a New Completion Date: 29/11/2025 What are the implications on the actions proposed? Revenue Implications Virement Implications n/a Project Name: RN 21 Allotment Development Project Manager: Ian Bain Initial Completion End Date: 31/03/2024 Revised End Date: 31/03/2026 How was this project initially funded: Please Detail any additional funding: n/a Prudential Borrowing Why is the project classified as off track and what has caused the issues identified? The project design work for Overburn Allotments has been fully developed and the cost estimates now show that it will require an additional £150k to deliver at this site. What action will be taken to rectify the position? Additional funding required or project ceased. New Completion Date: 30/09/2024. What are the implications on the actions proposed? Revenue Implications Virement Implications n/a Additional funding required for contractor retentions, and ongoing running costs for utilities. Additional budget will ensure project completion and long term, sustainability of the project. Source of Funding:- Prudential Borrowing Prudential Borrowing of £333k has a revenue implication of £224,347 over 25 years due to the incurred interest on the debt. This equates to £8,974 per annum. Source of Funding:- Prudential Borrowing If additional budget approved, Prudential Borrowing of £0.150m has a revenue implication of £0.045m over 10 years due to the incurred interest on the debt. This equates to £0.019m per annum. ITEM 14 - APPENDIX 2
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Projects that are Off Track at Period 10 Appendix 2 Project Name: RN 31 Exxon City Deal Project Manager: Patricia Rowley Initial Completion End Date: 31/03/2027 Revised End Date: 31/03/28 How was this project initially funded: Please Detail any additional funding: n/a Scottish Government & Prudential Borrowing 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: 31/03/2028 What are the implications on the actions proposed? Revenue Implications Virement Implications n/a Source of Funding:- Scottish Government & Prudential Borrowing Prudential Borrowing of £1.282m (WDC allocation of £2.617m) has a revenue implication of £1.798m over 50 years due to the incurred interest on the debt. This equates to £0.036m per annum. The reason for reprofiling is that the construction costs increased significantly which prompted a scope review to allow the project affordability. The Project Board recommended reducing the original scope which was agreed at the Council meeting on 30 October 2024. The overall budget has increased to £46,942,156, which will be split between City Deal £23.991m and Council £22.951m. The total budget has been profiled to reflect the 30 October 2025 Council report.