Page 27 - P4304.1-V112_PS Magazine - August 25 (print) (1)
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     Funding options
               The most well-known source of funding is Improvement Grant (IG) Funding - formally called
               Business as Usual (BAU) capital. But there are other options that may be available to practices:
               •  Primary Care Utilisation and Modernisation Fund (25/26)
               •  NHS Property Services capital
               •  Community Health Partnerships (CHP) capital
               •  Local authority community infrastructure levy (CIL).
               Top tip 2: Work with your ICB Capital and Estates team to understand what money
               is available in your area, and the deadlines for application.
               Feasibility, design and planning                      Obtaining funding approval
               The above capital funding streams are                 Project approval timescales will vary from ICB
               public money, and therefore a value-for-              to ICB, but the process generally follows two
               money approach must be taken to show                  key steps.
               both need and expected outcomes for the
               local health population. With the support of          1.     Submit an Expression of Interest (EOI)
               a specialist Project Manager, Malpas Surgery          document. The EOI is reviewed by the ICB/
               submitted a full IG funding proposal in June          NHSE who complete their due diligence and
               2022, which included:
                                                                     check alignment to the local estate strategy.
               •  The grant application                              2.     If the EOI is accepted, the practice
               •  Financial feasibility                              must complete a formal Project Initiation
               •  Design information                                 Document (PID), including details of
               •  Technical compliance                               competitive tender processes to be reviewed
               •  Fire and building regulatory work                  by ICB Boards/Committees.
               •  Planning permission
               •  Full tender documents.                             Formal approval will be granted, or the project
                                                                     may be allocated for future funding rounds.
                                                                     A third outcome may be that the project is
               Top tip 3: Give yourself a minimum                    discounted altogether in its current form.
               12-month lead into a capital application and
               engage professional help. Funding timescales
               are tight, so be ready for the opportunity.           Top tip 4: Remember, although ICBs/NHSE
                                                                     can award 100% funding, it is likely that
                                                                     many projects will only be funded at 66%
                                                                     of the eligible capital spend. Lots of things
                                                                     aren’t eligible – so check the Premises Cost
                                                                     Directions guidance.
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         P4304.1-V112_PS Magazine - August 25 (print).indd   27                                                  16/07/2025   12:12:14
         P4304.1-V112_PS Magazine - August 25 (print).indd   27
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