1. © The Association of Independent Schools of NSW 2016 Capital Grants Program (CGP) Approved Project Briefing Session 10 th February 2016

2. © The Association of Independent Schools of NSW 2016 CGP Presentation Overview  Welcome  2015 Capital Grants Application Summary  Process for 2015 CGP awardees  Tenders  Payments  Visits  Acquittal

3. © The Association of Independent Schools of NSW 2015 CGP Application Summary

4. © The Association of Independent Schools of NSW 2015 CGP Funding Overview

5. © The Association of Independent Schools of NSW 2015 CGP Overview – Recommended Projects

9.  90 new schools!

10. © The Association of Independent Schools of NSW Process  Agreements  Executed by school authority  Review the Checklist  View of Dept/s of Education  Entire project considered a recipient of the grant (not just the grant funded portion)  No Director or anyone associated with the school or it’s governing body can receive payment for work on this project, either directly or through a shelf company  Section 83c  Disclosure of any Conflict of Interest / Related Party Transactions  Recognition Requirements

11. © The Association of Independent Schools of NSW Process  Commitment  Commonwealth Funding – 31 December 2016  State Funding – 30 June 2017  Signed contract with builder (not a project manager)  Builders Contracts  Don’t sign until BGA approves pricing and process  Payments  School must spend its own money first  BGA will provide up 90% of the funding retaining the final 10% until after acquittal

12. © The Association of Independent Schools of NSW Process  Monthly Reports  Online (soon)  Tenders  Don’t sign until BGA approves pricing and process  We can (and do) request tender specification pack and scoring sheets  Underspend  Any underspend comes off your grant funding  Overspend  Any overspend must be covered by the school as we commit 100% of all available monies

13. © The Association of Independent Schools of NSW Process  Variations  We compare plans submitted at application with final ‘as constructed’ plans to assess conformity  Variations from the original must be endorsed by the BGA and approved by the Government  Visits by BGA  Mid to late construction period  Audit up to 90% of project expenditure  Acquittal  Occupation Certificate  External financial audit of project  Architect “as constructed” drawings for completed project

14. © The Association of Independent Schools of NSW Construction Method  Construction Management v Lump Sum  Advantages and Disadvantages  CM is not a way of avoiding obligations around competitive pricing  Bricks and Mortar vs Prefabricated or Modular buildings  Expected life of building  Estimated maintenance costs over life of building  Multi-Stage & Consecutive Projects  Retrospectivity

15. © The Association of Independent Schools of NSW Contact Information David Buley Chief Financial Officer Capital Grants Program Director dbuley@aisnsw.edu.au Wendy Godden Assistant Director: Grants Administration wgodden@aisnsw.edu.au Michelle Hayman Grants Administrator mhayman@aisnsw.edu.au Monica Rouel Financial Analyst mrouel@aisnsw.edu.au Hamidee Hanna Financial Analyst hhanna@aisnsw.edu.au

16. © The Association of Independent Schools of NSW David Buley Chief Financial Officer & Capital Grants Program Director Level 12, 99 York Street, Sydney NSW 2000 Phone (02) 9299 2845 Fax (02) 9290 2274 Website: aisnsw.edu.au Email: dbuley@aisnsw.edu.au ABN 96 003 509 073 Contact Details