6 August 2014: There have been a number of major updates to the Mayor’s flagship home energy efficiency programme RE:NEW, which has been neatly set out in the August meeting of the GLA’s Housing Investment Group. These include:
- Following a successful bid for funding from the European Investment Bank (EIB), RE:NEW was awarded €3,016,440 (£2,513,700) on 15 July 2014
- This funding is being matched by a 10 per cent contribution by the GLA of €335,160 (£279,300), taking the funding for a three year support team to €3,351,600 (£2,793,000). The funding will provide a RE:NEW Support Team to 14 July 2017.
- As with the previous phase of the RE:NEW, the programme is to be delivered by Capita Symonds, who were the successful bidder in an OJEU-compliant procurement
- Capita will catalyse investment of £352 million through supporting retrofit to 175,000 properties in London over the next three years. This intervention is the largest and most ambitious retrofit programme anywhere in the UK and will save 93,000 annual tonnes of carbon by 2017.
- An incentivisation model is built into the contract based on these three key performance indicators (KPI) and Capita have committed to achieving these through putting 20% of fees at risk.
- Below is the three year KPI profile.
- A RE:NEW Support Team ITT Schedule of Requirement provides additional programme aims, objectives and proposed benefits
- A new GLA webpage sets out a revised and comprehensive list of RE:NEW Support Team Specialist Services available to local authorities.
The London Assembly has highlighted patchy progress reporting from the RE:NEW team to its members over the past few years (see here and here). In response to this criticism, the Mayor has now committed to providing quarterly reports.