Authorisation to enter into and part-fund a number of RE:FIT projects on London Borough of Barnet assets
Decision Maker: Deputy Chief Executive
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
This report seeks the authorisation for the London Borough of Barnet (the Council) to commission and part-fund the RE:FIT energy saving measures across a number of Council assets. The majority of the works will be funded by a 0% interest loan from Salix. The remaining funding will be provided by the Council.
1. To commission a number of energy saving initiatives on Council assets, across the borough.
2. To fund the majority of energy saving works (£537,941) through a 0% interest loan.
3. To fund remaining works (£243,537) from the Council’s Estates budget.
Publication date: 13/06/2019
Date of decision: 11/06/2019