Annal Nayyar reports Capital Maintenance fund- Time Running out for Submissions.

The allocation will be a capital grant and must be used exclusively for capital expenditure to purchase or improve assets owned by the trust or secured on a long lease. Trusts will need to follow HM Treasury guidelines in the procurement of goods and services, to secure best value for money.

In particular, contracts of work, equipment, stores and services etc. awarded by the trust must be placed on a competitive basis.

The EFA award on the strength of bid – I would suggest in the case you refer to it would be all or nothing – because the EAF  providing half the money to carry 50% works would not be logical. Bids that go in by end of January – would be awarded in April  – so that just over 2 months.

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