A CONTINGENCY of £130,000 has been set aside for the new Rutland County College site.
Rutland County Council’s cabinet agreed at a meeting at the beginning of the month to put £130,000 aside for the refurbishment of the EEF Training and Conference Centre in Barleythorpe, because the project needs a five per cent contingency. The cabinet described this money as a “safety net” but said that so far the project was on time and on budget.
The contingency money will come from an expected underspend of £247,000 on the project to rebuild Oakham CE Primary School.
But this decision was challenged by councillors David Richardson (Ind), Alan Walters (Ind) and Nick Wainwright (Ind).
The challenge was made because the councillors were concerned there would not be a £247,000 underspend on the Oakham CE Primary School project because the project is not yet finished and they also felt a decision concerning a large amount of money should be made by full council.
This challenge was debated at a meeting of the corporate services scrutiny panel on August 11.
It was eventually decided the decision should stand as the cabinet is allowed to make decisions on amounts less than £250,000.
If the money is not needed, it will be returned to the council’s budget to reallocate.
The council shelved plans in November to build a £5.7m new campus because it would be able to deliver the college sooner with a rebuild and would save money.
The budget for the whole project is £5.3m, which includes fees and £1.38m paid by the council for the conference centre.
Some of this money will come from Tresham, which owns the college’s current site in Barleythorpe Road.
Rutland County College has submitted a planning application for the revamp of the conference centre, which includes demolishing part of the centre and rebuilding it.
It aims to move from its current site in Barleythorpe Road, Oakham, in September next year.