Capital Expenditure Sub-Committee

Contact: Ms Emma Forster
Telephone: 01224 273943
Fax: 01224 273984
Email: e.forster@abdn.ac.uk

Dates of future meetings are available here.

Remit

To consider and make recommendations to the JPFEC (Joint Planning, Finance and Estates Committee) on the following matters:

Minor Capital Programme

Capital expenditure projects prioritised annually by the Estates Section and by the Directorate of Information Systems and Services (DISS), via the University Information Management Committee and the University Management Group.
The three-year programme of projects with approximately £3 million allocated per annum, ensuring each project meets the University’s strategic objectives, provides value for money and is suitably funded.
High priority projects which had not previously been identified.

Functionality Budget

Subject to the achievement of a satisfactory institutional cash balance and surplus in the previous financial year, the allocation of any additional funding for functionality improvements.

Major Institutional Capital Projects

Major Institutional capital projects following consideration by the University Management Group, ensuring that a full business case, including option appraisal and risk assessment has been completed, and that suitable funding arrangements are in place.
To monitor the management of all capital expenditure.

Composition

The Capital Expenditure Sub-Committee is a sub-committee of the Joint Planning, Finance & Estates Committee, composed of a Lay Court Member (Convener), Senior Vice-Principal, Vice-Principal (Teaching and Learning), Vice-Principal (Research and Commercialisation), Director of Finance, Court Member / Senate Assessor and Student Representative.