Item 14 Appendix 2
West Dunbartonshire Council · 18 December 2024
Back to West Dunbartonshire Council — 18 December 2024 and its agenda
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Projects that are Off Track at Period 7 Appendix 2 Service Project Approved Project Life Cost Revised Project Life Cost Project Life Variance Initial Completion Date Revised Completion Date £'000 £'000 £'000 EDUC 3 Schools Estate Improvement Plan - next Phase - Faifley Campus 35,620 36,515 - 895 31/03/2027 31/03/2027 RN 17 Posties Park Sports Hub - New sports hub to include gym & running track 6,252 6,385 - 133 31/03/2022 29/11/2025 RN 28 Balloch Mountain Bike Track 600 450 150 30/11/2023 30/09/2025 Project Name: Schools Estate Improvement Plan - next Phase - Faifley Campus EDUC 3 Project Manager: Michelle Lynn Initial Completion End Date: 31/03/2027 Revised End Date: 31/03/2027 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? New Completion Date: 31/03/2027 What are the implications on the actions proposed? Revenue Implications n/a Virement Implications n/a Given ongoing volatile market conditions there is an increase in the expected labour and material costs at Faifley Campus. The estimated cost of Faifley Campus has been increased by £0.895m to £36.515m. At this stage, however, it is anticipated that this it is anticipated that this increase can be accommodated within the overall School Improvement capital budget which is currently unallocated. Source of Funding:- Schools Estate ImprovementWhat action will be taken to rectify the position? Virement from Schools Estate Improvement Plan Project EDUC 4.
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Projects that are Off Track at Period 7 Appendix 2 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? Additional budget required for utility costs incurred as part of the capital build project. 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: Balloch Mountain Bike Track RN 28 Project Manager: Ian Bain Initial Completion End Date: 30/11/2023 Revised End Date: 30/09/2025 How was this project initially funded: Council Capital Funding, Prudential Borrowing and Sport Scotland Please Detail any additional funding:- n/a Why is the project classified as off track and what has caused the issues identified? Completion amended due to revised project scope. What action will be taken to rectify the position? n/a New Completion Date: 30/09/2025 What are the implications on the actions proposed? Revenue Implications n/a Virement Implications n/a Prudential Borrowing of £133k has a revenue implication of £98,533 over 25 years due to the incurred interest on the debt. This equates to £3,864 per annum. Source of Funding:- Prudential Borrowing & Sports Scotland Source of Funding:- Prudential Borrowing