Capital Improvement Fund Projects
Capital Improvement Fund (CIF) is an annual bidding round to which academies can apply for capital funding. The core priority for CIF is to address significant condition need, keeping academy buildings safe and in good working order. This includes funding projects to address health and safety issues, building compliance and poor building condition.
Each academy can submit up to two applications per year with a minimum project threshold of £20,000 and a maximum of £4,000,000. Each year the criteria for CIF is published by the Education Funding Agency (EFA) and priority will be given to those academies submitting bids with a need in those priority areas.
Green Street Green has celebrated 100% success rate in the last three rounds of CIF applications: (EFA financial year 01.04.15 – 31.03.16, 01.04.16 – 31.03.17 and 01.04.17 - 31.03.18). The application deadline is usually mid-December and the outcomes are notified in April.
Funds awarded through CIF are ring fenced for the purposes of the project only and it is a requirement of the EFSA CIF Funding, that regular monitoring reports are submitted. We use a Project Manager to carry out progress valuations throughout the projects and to assist with these monitoring reports.
Project one: was the re-build of our library building to incorporate an all year swimming pool building with changing rooms and showers. This was granted but unfortunately, once ground surveys were carried out the project was found to be of a higher cost than originally estimated. A Scope Change Request was submitted in April 2016, to request additional funding and we finally received the good news that this request was granted in early December and the project will commence in January 2017. Please see below for further information on this project. Project value £864,092
Project two: was the first phase of replacement of windows that were no longer energy efficient or compliant with today’s standards. This project was approved and the windows in Years 2, 3, 4 were replaced in the summer of 2015. Project value £68,000
2016 – 2017
Project one: was the upgrade of water distribution and associated works, which involved new boilers, hot water cylinders and associated mechanical plant with mains fed distribution to bring the academy up to current Health and Safety recommendations. Project value £ 539,320
Project two: was the upgrade of electrical distribution, intake boards and replacement LED lighting to reduce energy costs and bring the academy up to current H & S requirements. Project value £514,961
2017 - 2018
Project one: Water Distribution Pipework Replacement, a continuation of Project one above, which will involve renewing all pipework in school to support the new mechanical plant installed in the summer of 2016. Project value £882,454
Project two: Second phase window replacement, which will see the replacement of all existing 'blue' windows to maximum energy savings and improve the working environment for children and adults. Project value £399,191