Page 11 - West 3 SC Budget YE 31/12/18

LONDON APARTMENTS
Budget Line
Contracted cost
£
Estimated cost
£
Project work £
Tender Opportunity £
Summary Notes
TOTAL £
Estate sta uniforms
3,500
Estimated costs: Based on 3-year budget average and newly procured rates with Slaters.
3,500
Estate security
15,000
NEW LINE
Tender opportunity: Current contract with Ace Security (£10k). Opportunity to tender for a higher spec.
15,000
Estate o ce rates
12,615
Estimated costs: Based on 3-year budget average
We are working on claiming back Estate O ce Rates on the basis that we believe these charges do not apply for non- commercial o ces. We thus hope to see your 2018 accounts re ect a saving on this line.
12,615
Contribution to general reserves
300,000
Project work: Major works - Quotes received
on external redecorations (£500k). This work will be phased. The M&E lifecycle plan and CAPEX will help us determine accurate gures to be contributed into the reserve fund.
300,000
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