Page 10 - West 3 SC Budget YE 31/12/18

LONDON APARTMENTS
Budget Line
Contracted cost
£
Estimated cost
£
Project work £
Tender Opportunity £
Summary Notes
TOTAL £
s.106 travel plan audit
1,587
Contracted costs: We are required by the Local Authority to have a periodic audit to review our travel information strategy for the Estate.
1,587
Engineering insurance
6,300
As per the lease, the Engineering Insurance is recoverable as part of the service charge. Please note, as per the lease the buildings insurance is billed separately.
6,300
Estate Management
98,000
Contracted costs: Estate management team costs (salaries).
98,000
Estate sta
433,683
Contracted costs: Estate team salaries (excluding housekeeping, including concierge, estate operatives, handyman).
433,683
Estate sta training
2,000
11,920
Estimated costs: Based on ad hoc training and previous 3-year budget average (£2k).
Project work: Portal training (£3,720), Customer experience & team building workshops (£5k), SIA licensing (£3.2k).
13,920
Estate o ce supplies
10,000
Estimated costs: Based on 3-year budget average and 2017 forecast (£10k).
10,000
Estate o ce contents insurance
1,440
Contracted costs: Contracted rate procured by Mainstay at a better rate (£1,440).
1,440
Estate o ce telephone & IT
9,456
2,200
2,500
Contracted costs: Newly procured rates by Mainstay, line rental (£750), Microsoft O ce subscription (£150). West 3 portal (£8,556).
Estimated costs: Management telephones (£720) and 2 x additional PC costs (£1,500).
Tender opportunities: Current contracted rate for printer £6k. We are reviewing our liabilities under this contract and working to terminate the contract and procure a better rate (£2.5k).
14,156
10