Secure funding for the build element of Aldwych Close - Build provisional date in Q3 25-26 and completion is Q3 26-27.

(Some history to the proposed scheme below)

The proposed 6-bed facility will be divided into:

4-bed unit allocated to overnight and weekend short breaks

2-bed bed unit allocated to long term residential placements

In 2023, after the resumption of the project, there was an opportunity to receive match capital funding for the scheme through a DfE sponsored process. A submission was made but unfortunately rejected because the scheme would not be dealing with looked after children alone.

Increases in capital costs for building projects has meant that the scheme is

more expensive than originally envisaged. It is therefore incumbent for us to

return to Cabinet with an updated business case to get approval for the

expenditure and to show that benefits will still accrue. The business case is now available to scrutinise.