Capital Strategy and Allocation Group
ContentThe Capital Strategy and Allocation Group was set up to approve a method of allocation and bid prioritisation. Bids could then be reviewed against available resources using an agreed allocation framework. It also undertakes regular monitoring of the Council's capital projects. Membership of the Group is drawn from the Cabinet. This group is not open to the press and public.
Considering the importance of the decisions it makes, it is somewhat disappointing that the great unwashed are excluded - especially when the spending of millions is regularly considered.
They will be meeting this coming Wednesday 26th September - and will again be looking at the regular feature of the relocation project:
The last meeting of the CSAG on 11th July considered the project, including 'weather related delays'. The 'notes' below will probably make up the agenda item for Wednesday's meeting:
Office accommodation project
Timeline for project completion had shifted to mid to late January, due to weather related delays.
Main points covered:
Internal walls and first fix underway
Recent topping out ceremony
No reportable accidents on site since project commenced
Permission granted for access road
Completed defects correction work at Exmouth Town Hall
Expenditure, including accruals, to 31 May 2018 totals £6,359,499 of total budget £10,586,000.
Interserve’s share price continues to be monitored
EAST DEVON DISTRICT COUNCIL - Report of a meeting of the Capital Strategy and Allocation Group held inThe Council Chamber, Knowle, Sidmouth - on Wednesday, 11 July 2018
Perhaps it does make sense to 'monitor' the builder at Honiton:
Futures Forum: Knowle relocation project: how vulnerable is Honiton HQ builder?
As suggested by investors in the City earlier this month:
Is there any way back for Interserve plc after 62% fall in 1 year? - Investomania
And again this week:
Is the Interserve plc share price cheap for a reason? - Investomania