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Fiscal stimulus: budget allocation to Housing for heating installation at Vincent Court and Albert Villas

A formal published “Ministerial Decision” is required as a record of the decision of a Minister (or an Assistant Minister where they have delegated authority) as they exercise their responsibilities and powers.

Ministers are elected by the States Assembly and have legal responsibilities and powers as “corporation sole” under the States of Jersey Law 2005 by virtue of their office and in their areas of responsibility, including entering into agreements, and under any legislation conferring on them powers.

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  • demonstrating that good governance, and clear lines of accountability and authority, are in place around decisions-making – including the reasons and basis on which a decision is made, and the action required to implement a decision

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A decision made 6 April 2010 regarding: Fiscal stimulus: budget allocation to Housing for heating installation at Vincent Court and Albert Villas.

Decision Reference:  MD-TR-2010-0055

Decision Summary Title:

Fiscal Stimulus Budget Allocation – Housing Department

Date of Decision Summary:

30th March 2010

Decision Summary Author:

Chief Executive

Decision Summary:

Public or Exempt?

Public

Type of Report:

Oral or Written?

Written

Person Giving

Oral Report:

N/A

Written Report

Title:

Allocation of fiscal stimulus funding for heating installation project at Vincent Court and Albert Villas

Date of Written Report:

30th March 2010

Written Report Author:

Acting Fiscal Stimulus Programme Manager

Written Report :

Public or Exempt?

Public

Subject:

Economic Stimulus Plan: budget allocation to the Housing department for the delivery of a heating installation project at Vincent Court and Albert Villas.

Decision(s):

The Minister approved the allocation of £185,004 to the Housing department for the project, which will be transferred to the department budget as soon as possible. This will enable the contract to be let to the contractor which submitted the preferred tender.   

The Minister further instructed the Construction and Maintenance project group to report on spend of all stimulus monies, and project progress/performance, on a monthly basis in accordance with guidelines set by the Treasury, and return any unspent monies on completion of the project.

Reason(s) for Decision:

A discretionary fiscal stimulus allocation from the Stabilisation Fund of £44m has already been approved. The project meets the key criteria for fiscal stimulus being timely, targeted and temporary and will benefit local business and individuals. The £185,004 allocation to the projects will enable the Construction and Maintenance project group to let the contract and deliver the schemes in accordance with the critical path.

Resource Implications:

No financial resource implications other than those explained above and in the accompanying report.

No manpower resource implications. 

Action required:

Treasury to be informed of decision to release necessary funds to the Housing department’s budget.

Signature:

Position: Senator P F C Ozouf, Minister for Treasury and Resources 

                

Date Signed:

Date of Decision:

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