Agenda item

Report of the BHE & Charities Finance Director, representing the Chamberlain

The Board considered a report of the BHE & Charities Finance Director requesting the approval of a 2021/22 forecast expenditure increase of £150k to cover the expenditure required to undertake surveys across BHE’s directly managed investment property portfolio.

RESOLVED – That the BHE Board approve funding of £150,000 from the BHE Central Contingency Fund, to enable the cost of the surveys of the directly managed investment property portfolio required to assess the works required to achieve EPC ‘B’ by 2030 and net zero in carbon emissions by 2040, to be met from BHE revenue funds rather than from within the Designated Sales Pool.