Appendix 1

Borough Council Of Wellingborough Town Centre Regeneration Monthly RAG Report

Project Name Programme Manager Project Sponsor Wellingborough Regeneration James Wilson Town Centre Month Project Number Status November 2009 24886 amber

Victoria Phillipson/Dominic Lees

Green - No issues. Amber Project Board can handle any issues. Red Project Board need input from Development committee or are missing major milestone Reason if status not Green: 1. In order to proceed with procurement of a developer for the High Street site, the Parking Strategy for the High Street site must be agreed by Development Committee. 2. In order to maintain the programme for Developer Procurement on the High Street Regeneration site S106 / 278 Obligations must be agreed. 3. Sign off and approval of Public Realm project prioritisation and concept design for Public Realm Phase One project must complete by Development Committee in March/April 2010 in order to allow construction delivery and funding expenditure by March 2011. 4. Confirmation needed from Tresham Institute regarding their position on a number of other issues such as the masts on the top of their building, and the possibility of an options agreement with them on Church Street. Project Purpose: The regeneration of the town centre incorporating The High Street, Church Street, Market Square, Public Realm, Transportation Projects and Town Centre Development Sites

Major Milestones (completed tasks older than 28 days have been deleted) 18 39 42 41 38 51 49 48 37 34 44 46 40 50 15 20 29 Completion of Knight Frank High St Marketing Report Prepare & Submit 1 Round HLF bid Heritage Grant Scheme Public Realm Phase concept designs to be submitted for Development Committee Agenda Meeting Report to Development Committee to gain approval for the consultation on Public Realm on Phase 1 design proposals Request Tresham Institute confirm their requirements to BCW for review 2020 Vision draft completed to be circulated to Cllrs Bailey and L Lawman for comment Review Consultants Procurement Review of BCW CDM process Responsibility through development
st

Original 30.04.09 01.10.09 21.09.09 25.11.09 15.09.09 20.11.09 30.09.09 30.09.09 31.08.09 20.06.09 21.09.09 31.10.09 30.09.09 6.04.10 10.02.09 20.11.09 31.08.09

Revised 30.09.09 30.11.09 02.11.09

Actual 27.10.09 27.11.09 02.11.09 25.11.09

30.11.09 27.11.09 18.12.09 18.12.09 11.12.09 11.01.10 20.12.09 20.12.09 20.12.09

27.11.09 27.11.09

NCC agreement of Memorandum of Intent (MOI) to start Public Realm (PR) Scheme Commence market audit and retail / commercial review for Church St & Market Square Finalise Materials Palette Working Group to approve Street Furniture element Approval of Capital Bids (Public Realm & SFADG Heritage Grant Scheme) to update funding strategy for project delivery plans Submit demolition application for properties on the High Street Submit planning application for the construction of High Street Access Roads Agree strategy for delivery of supplementary development sites BCW to review Developer Procurement Process & Project Structure Commence Accommodation Review for the Council

04.02.10 20.12.09 25.01.10

Borough Council Of Wellingborough Town Centre Regeneration Monthly RAG Report

42 22 52 55 56 Commence optioneering for Church St & Market Sq High Street element of Parking Strategy to go to Development Committee (for High Street Due Diligence) 2020 Vision draft to be circulated to Members/Stakeholders for comments. Commencement of discussion on the S106/278 developer contributions for the High Street. Review and amendment of Knight Frank Marketing Report. 25.11.09 19.05.09 20.12.09 9.11.09 8.01.10 11.01.10 30.01.10

Achievements this Period (Milestones or Major Tasks Completed) 1. 2. 3. 4. Heritage Lottery Funding 1st Stage Application submitted for Heritage Regeneration Scheme for 1.4m with a 50k development grant to work up the 2nd Stage bid. Public Realm Phase 1 Concept Designs Approved by Development Committee for Consultation in January 2010. Draft 2020 Vision completed ready for consultation with Members/Stakeholders. Commencement of discussion on the S106/278 developer contributions for the High Street.

CURRENT ISSUES, CHANGES OR RISKS REFER TO PROJECT RISK REGISTER FOR DETAIL REV 7: 17/08/09 1. RISK DELAY TO TRESHAM RELOCATION IN 2011 STALLS NEXT PHASE OF REGENERATION. Tresham Relocation plans on hold, they have confirmed they must have presence in town centre to enable curriculum and required student offer. Co-ordination with Tresham team ongoing to understand a future funding strategy, interim property strategy on Church Street site and review of alternate funding sources MITIGATION the relocation of Tresham must be taken off the critical path to prevent delay and impact to the regeneration of the town centre Tresham Institute team have done an initial review of their requirements and provided this to BCW and have confirmed that they do not wish to locate to the High Street site. BCW to request confirmation from Tresham Institute regarding their position a number of other issues such as the masts on the top of their building, and the possibility of a options agreement with BCW on Church Street. RISK Phasing Changes on High Street could reduce viability of remainder of site the alternative phasing of the High Street site to develop the south of the site first requires GAF funding to be spent on access roads. MITIGATION. All profits from sale of the first development phase must subsidise the development of the north of the site to ensure a viable place making scheme is maintained. RISK Delay to start of first project in Public Realm Scheme. That the Memorandum of Intent is not in place between NCC/BCW to allow MGWSP to undertake the work to ensure start on site in Sept 2010. MITIGATION. High Level discussions between NCC and BCW to ensure that this document gets agreed by the end of 11/12/09. If this cannot be agreed then BCW will need to procure design and construction through an existing framework. RISK Delay to High Street developer procurement due to unknown parking strategy for delivery of block C/I & G. In order to commence the developer procurement process BCW must inform the due diligence process regarding the programme, capacity and delivery of new parking on the site. MITIGATION. Submission of the High Street Parking Strategy to Development Committee in February 2010. 8

7 8 amber 8 8 amber 8 8 amber 8 amber

3.

4.

5.

KEY ISSUE Developer contribution strategy and S106/S278 obligations unknown, delay to High Street developer procurement process possible MITIGATION Consultation being undertaken with relevant agencies on the requirements for the S106/S278 contributions for the High Street to inform the developer procurement and due diligence process in January.

amber

Borough Council Of Wellingborough Town Centre Regeneration Monthly RAG Report

amber amber 0 0 1,592,619 0 red amber 6. KEY ISSUE Procurement Strategy going forward to be undertaken. MITIGATION Procurement Strategy currently being reviewed. KEY ISSUE coordinated capital bid and funding application process requires completion to enable delivery of the SFADG , CAA and Public realm scheme proposals MITIGATION allocation of resource to enable development of funding strategy aligned to realistic HLF and Grant initiatives and commission/recruitment of a Funding Officer to be considered to support this process.

7.

Scheduled Tasks for Next Period Ending 31/12/09 NCC agreement of Memorandum of Intent (MOI) to start Public Realm (PR) Scheme 1. Confirmation from NCC regarding the CDM Role for the Public Realm Schemes. 2. Agreement of the way forward for the Land Disposal/Developer Procurement on the High Street 3. 4. 5. 6. 7. Consultation with Members and Stakeholders on the 2020 Vision Prepare Consultation documentation for the Public Realm projects for agreement with Corporate Directors & Chair of Development Committee prior to circulation. Materials Palette Members Workshop to consider the samples of benches and lights. Submit Demolition Application for the 1st Phase of Infrastructure on the High Street.

Financial Planning and Fund Management Key Issues 1. KEY ISSUE Funding management and Funding Officer to be commissioned/recruited to allow additional fund streams to be developed, initial discussions with Heritage Lottery fund managers completed Further consideration needed on the element of Developer Contribution to allow a complete funding strategy for all town projects. KEY ISSUE Staff costs and internal staffing forecast. In order to consider match funding within funding application processes, banded internal costs for staff and overhead costs should be forecast. Cost Plan has been developed and being updated on a weekly basis.

2.

Wellingborough Regeneration Cost Plan Summary 30/11/09 Current Funding TOWN CENTRE AND AAP 286,581 1 2 3 4 5 6 7 HIGH STREET CPO (inc Land Assembly) HIGH STREET REGENERATION CHURCH STREET/MARKET SQ TRANSPORT* PUBLIC REALM PHASE 1 DELIVERY PROJECTS* TRESHAM 3,105,203 1,300,000 43,853 58,825 1,715,000 139,225

Current Committed cost 286,581 2,700,626 117,883 43,853 58,825 122,381 139,225

Funding deficit/excess 0 404,577 1,182,117

* 5. Further Funding figures to be confirmed Jan 2010 * 6. Further Purchase Orders to be raised once Funding agreement approved.