Acquisitions process
Step 1: Identification of need to acquire asset
Step 2: Identification of options for acquisition
Step 3: Options appraisal & business case prepared to consider:
Step 4: Formal council approval sought to acquire
Step 5: Management and interim arrangements prior to occupation identified
Step 6: Formal acquisition of asset
Step 7: Considerations include:
- timescale
- process
- method
- valuation
- performance management
- elected member engagement
Disposals process
Step 1: Identification of surplus asset
Step 2: Identification of surplus for disposal criteria met
Step 3: Options appraisal & business case prepared to consider:
- identification for options for disposal
- identification of method for disposal
- valuation of asset
- CMT approval to dispose of
Step 4: Formal council approval to dispose
Step 5: External consents acquired
Step 6: Management of asset & budget required prior to disposal
Step 7: Alternative use options while vacant
Step 8: Formal disposal of asset
Considerations include:
- timescale
- process
- method
- valuation
- disposal costs
- marketing
- performance management
- local member engagement