The provider’s estate typically consumes significant amounts of capital expenditure, and forms the large non-pay item in most provider’s revenue budgets. Capital expenditure to maintain or improve the asset base, plays an important role in attracting staff and students to a provider. A provider’s estate, its built environment, is an area of ‘fundamental concern’ to the governing body and one where it is expected to take all final decisions.
Published On: 30/04/2019
Governance Briefing Notes: 19. The governing body and matters relating to the estate
The provider’s estate typically consumes significant amounts of capital expenditure, and forms the large nonpay item in most provider’s revenue budgets.
This briefing note is part of a series of downloadable summaries that have been designed to support you in addressing different aspects of governance or to be disseminated as a helpful resource to colleagues who are new to particular areas of governance. Each draws on the latest thinking and legalisation, providing a helpful guide to re-familiarise yourself with specific issues as they arise. Each briefing note offers up-to-date information, further reading, links and questions to consider on a range of governance issues.
