September 2013 - Bron Afon

6 PV
The feed in tariff increased in April 2013 in line with RPI which has resulted in additional income of
£25k forecast from PV Panels for the full year. The net expenditure figure includes depreciation and
interest payment; on a cash basis the PV Panels make a surplus. For detailed information on the
performance of the PV portfolio please refer to the PV Trading I&E.
7 Internal Delivery Teams
This team delivers a repairs and improvements service where demand is across the organisation
and is acting like a separate contractor, where it charges the area of the business it delivers the
service to. Therefore, any costs it incurs are recharged to the team who receive the service.
8 Director of property and housing maintenance
This budget includes the main property contingency of £2.27m. The contingency is forecast to be
utilised to fund:- (i) £150K expenditure on responsive repairs back log Note 1, (ii) The variance in
Duty of Care £55K ref. Note 2, (ii) The potential contribution to the Trevethin Vision Project - £107K
ref. Note 11, (iii) External Improvements slippage and Planned maintenance £450K ref. Note 11.
9 Asset management
The £56K underspent forecast is due to savings on agency staff and a vacant assistant data analyst
post which is in the process of recruitment
10 Internal improvements
There is an adverse variance of £545K to the period budget and £154K adverse variance to the full
year forecast for the Internal Improvement programme. 252 jobs were completed at an average cost
per property of £10,690 against a target of 249 at an average cost per property of £8,630, an
increase in the cost per property of 23%. 14% of the increase is associated with increased works in
these homes, and 9% is associated with productivity. Currently most of the internal improvements
are now delivered via labour only external contractors managed by Bron Afon, following recent
workforce planning changes. Going forward contractors will be contracted on a fixed price basis.
11 External improvements
The External Improvements overspend is funded from the maintenance contingency budget to fund
project slippage from the 2012/13 programme and increased costs of the Trevethin project.
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