Purpose

The school investment plan aims to set out its
strategy and capital investment pipeline for the next 5 years;
securing an education estate that provides a safe, accessible,
secure and stimulating learning environment, which is sustainable
and provides value for money, is fit for current and future needs
and reduces environmental impact.

Content

The Cabinet has
considered a proposed school investment plan that sets out a
proposed strategy and capital investment pipeline for the next 5
years; securing an education estate that provided a safe,
accessible, secure and stimulating learning environment, which was
sustainable and provided value for money, was fit for current and
future needs and reduced environmental impact, and has:-
 
(1) Agreed the terms
outlined in the strategy and the associated investment detailed in
the Education Asset Management Plan (Appendix 2).
 
(2) Delegated
authority to the Assistant Director of Estates and Asset
Management, in consultation with members of the LA’s Capital
Board and the Cabinet Member for Children, Families & Education
to procure the works and services, and subsequently determine the
outcome of any contract award process for any project specified in
the asset management plan.
 
(3) Delegated
authority to the Director of Education, Work, and Skills, in
consultation with the Cabinet Member for Children, Families &
Education, to determine, allocate, and deploy capital funding to
projects, schools, or trusts to create additional mainstream,
resource base, special school places.
 
(4) Delegated
authority to the Director for Education, Work, and Skills, in
consultation with the Cabinet Member for Children, Families &
Education, to instruct the Assistant Director of Governance to
negotiate terms and enter into funding agreements as necessary with
schools and trusts that are linked to the investment and creation
of new school places.
 
(5) Delegated
authority to the Director for Education, Work, and Skills and
Assistant Director of Estates and Asset Management, in consultation
with the Cabinet Member for Children, Families & Education, to
instruct the Assistant Director of Governance to negotiate terms
and enter into necessary legal agreements required to successfully
convert a school into a multi-academy trust.