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.
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.