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24-07-2008, 10:43 PM
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Mr Admin
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States Face £100m Property Bill
MINISTERS have starved States properties of vital maintenance cash and have allowed a backlog of around £100m worth of repairs to build up, according to the States spending watchdog.
The States spend less than half of the money needed to maintain their vast property portfolio even to a ‘medium level’, a Scrutiny panel heard this week. And Comptroller and Auditor General Chris Swinson says that if the underfunding has gone on for around ten years, there are up to £100m worth of projects in the pipeline to be completed. The current maintenance budget is £6.2m – well below the £15m that Property Holdings director David Flowers (pictured) says is needed. And there could be a £90m to £100m backlog of work to carry out |
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