Extra Care Housing Private Finance Initiative (PFI) - 6th Bidding Round & Department of Health Social Care PFI Credits - 2009 Bidding Round
Joint Report of the Director of Resources and Director of Community Services on the latest position in relation to the bid invitations from the CLG (Homes and Communities Agency) in respect of the Extra Care Housing PFI and the Department of Health in respect of the Social Care PFI Credits..
Laura Rowley - Cabinet
Recommendations:
That Cabinet:
A. Notes the current position on the Extra Care Housing Bid and authorises officers to prepare an Outline Business Case in accordance with the timetable at Appendix A.
B. Similarly notes the current position on the Social Care Bid and authorises officers to submit a formal Expression of Interest (Eol) by the end of November 2009.
C. Authorises officers to explore with the HCA and DH the possibility of combining the two bids into one PFI credit to achieve cost savings and therefore increased value for money.
D. Gives consideration to the establishment of a Member Task Group, and representatives to serve on it, to oversee the projects on Terms of Reference to be agreed (See Appendix C).
A. Notes the current position on the Extra Care Housing Bid and authorises officers to prepare an Outline Business Case in accordance with the timetable at Appendix A.
B. Similarly notes the current position on the Social Care Bid and authorises officers to submit a formal Expression of Interest (Eol) by the end of November 2009.
C. Authorises officers to explore with the HCA and DH the possibility of combining the two bids into one PFI credit to achieve cost savings and therefore increased value for money.
D. Gives consideration to the establishment of a Member Task Group, and representatives to serve on it, to oversee the projects on Terms of Reference to be agreed (See Appendix C).
Decisions reached:
That Cabinet:
A. Notes the current position on the Extra Care Housing Bid and authorises officers to prepare an Outline Business Case in accordance with the timetable at Appendix A.
B. Similarly notes the current position on the Social Care Bid and authorises officers to submit a formal Expression of Interest (Eol) by the end of November 2009.
C. Authorises officers to explore with the HCA and DH the possibility of combining the two bids into one PFI credit to achieve cost savings and therefore increased value for money.
D. Establishes a Member Task Group, comprising 7 representatives, to oversee the projects on Terms of Reference to be agreed (See Appendix C).
A. Notes the current position on the Extra Care Housing Bid and authorises officers to prepare an Outline Business Case in accordance with the timetable at Appendix A.
B. Similarly notes the current position on the Social Care Bid and authorises officers to submit a formal Expression of Interest (Eol) by the end of November 2009.
C. Authorises officers to explore with the HCA and DH the possibility of combining the two bids into one PFI credit to achieve cost savings and therefore increased value for money.
D. Establishes a Member Task Group, comprising 7 representatives, to oversee the projects on Terms of Reference to be agreed (See Appendix C).
Directorate Officer is Laura Rowley
Tel: (01743) 252007
Committee Officer is Penny Chamberlain
Tel: 01743 252729 Fax: 01743 252713
Email: Penny Chamberlain/EXTERNAL/SHROPSHIRE-CC
Attached items/documents:
Need help?- PFI Report.pdf
- Estimated download time: 14 secs @ 56k | 46kb
- PFI - Appendix A Timetable.pdf
- Estimated download time: 2 secs @ 56k | 8kb
- PFI - Appendix B Funding Flows.pdf
- Estimated download time: 4 secs @ 56k | 14kb
- appendix c.pdf
- Estimated download time: 4 secs @ 56k | 14kb