Need Identified for Building Works

Financial Management of building projects Process Overview Management of Building Projects introduction Need identified for building works Initiate Project feasibility study Project Proposal Manage Contracts, Requisitions and Invoices OUFAL Managed Projects Reporting Manage Claims (Capital Accounts) Complete Project Reconcile Project Key Financial Controls

Planning

Building projects at the University are guided by the Estates Strategy and the Capital Plan, which is updated annually. Divisions are requested by the Planning and Resource Allocation Section (PRAS) to prioritise their capital plan projects for the following year. These are then prioritised for each division by Divisional Boards, and on the basis of these divisional submissions the Capital Steering Group (CSG) prepares a University wide plan for approval by PRAC.

Project management

All projects must follow the guidelines set out in the Estates Regulations, and in the Guide to Capital Building Projects.

Section 5 of the regulations covers the financial requirements in more detail.

The full end-to-end process documented here relates to ‘major’ building works, i.e. those over £1m as defined in the Estates Regulations or other works projects >£100k where central University funds are being sought.

All other building projects are subject to divisional approval. Please contact your Divisional Office for exact requirements.

Major building works?

Yes: Initiate project 

No: Project Proposal (finance set-up)