Central Estate Programme - Project Funding

Reference code: 
PCD 363
Date signed: 
14 March 2018
Authorisation name: 
Sophie Linden, Deputy Mayor, Policing and Crime

Executive summary

In order to progress the Central Estate Programme funding of £500,000 is required to enable the necessary property, legal and financial advice to be obtained.  This will ensure any future investment provides value for money and is the best use of resources. This cost will be met from within existing MPS resources.
 

Recommendation

The DMPC is recommended to approve funding of £500,000 for to progress the Central Estate Programme.

Non-confidential facts and advice to the Deputy Mayor for Policing and Crime (DMPC)

1.    Introduction and background

1.1.    The Central Estate Programme is a project designed to rationalise and improve the “to be” retained estate mainly in relation to central functions.  

1.2.    Initial studies have been carried out.  In order to now progress the project specialist property, legal and financial advice is required.

2.    Issues for consideration

2.1.    In order that any future decision on the Central Estate Programme can be sufficiently informed by robust and specialist property, legal and financial advice funding of £500,000 is required.

2.2.    The nature of the advice will support the evidence to be set out in recommending any way forward, providing assurance that value for money is being delivered and that any investment is the best use of resources.

3.    Financial Comments

3.1.    The cost of the property, legal and financial advice is anticipated to be up to £500,000.  This can be met from within the existing MPS Capital and Revenue resources. 

3.2.    The procurement of these services will be via existing MOPAC-approved procurement arrangements.

4.    Legal Comments

4.1.    There are no legal implications arising from this report.  In carrying out its functions, the MOPAC may, under paragraph 7, Schedule 3 of “the Act “do anything which is calculated to facilitate, or is conducive or incidental to, the exercise of the functions of the Office”.  This includes, entering into contracts and other agreements, in addition to acquiring and disposing of property (including land). 

5.    Equality Comments

5.1.    There are no equality and diversity comments arising from this proposal. 

6.    Background/supporting papers

6.1.    None 
 


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