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Keep up to dateCosts | |
How the college’s construction was funded | |
College reserves | £14.4³¾ |
Learning and Skills Council | £14.2³¾ |
Sale of property and land | £6.1³¾ |
Bank loan | £12.3³¾ |
Contributions from University of Essex | £2³¾ |
The Higher Education Funding Council | £2³¾ |
ERDF grant | £1³¾ |
Build costs | Ìý |
Base building (excluding professional fees and VAT but including a raised access floor throughout) | £29.3³¾ |
Core fit out (including wall finishes; floor and ceiling finishes; all internal plaster board and glass partitions but excluding professional fees and VAT) | £6.2³¾ |
Fixtures, furniture and equipment (80% of furniture was relocated) | £2³¾ |
Total cost | £37.5³¾ |
Cost per m2 | £1402 |
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