Burnley Road Academy: Risk Management

(asked on 11th March 2016) - View Source

Question to the Department for Education:

To ask the Secretary of State for Education, within what timescale the Risk Protection Arrangement will cover (a) the costs of temporary accommodation while the original building is reinstated and (b) all other storm-related costs incurred by Burnley Road Academy.


Answered by
Edward Timpson Portrait
Edward Timpson
This question was answered on 18th March 2016

The Risk Protection Agreement (RPA) will cover all the costs associated with temporary accommodation for the period whilst the original building is fully reinstated. Significant costs arising are likely to be met in the form of staged payments as and when they arise. The tender processes for repairs to Burnley Road Academy and the remedial work necessary have yet to be concluded; therefore we are unable to provide specific timescales as to when the full costs will be reimbursed at this stage.

The latest position for Burnley Road Academy in relation to both costs of temporary accommodation (Business Interruption) and all other storm related costs (Property Buildings and Property Contents) within scope of the RPA membership rules is summarised in the table below:

Summary of RPA Claims due to Storms December 2015 - Status at 29.02.16

Total Value of claims received (paid & reserve)

School

Property Buildings (£)

Property Contents (£)

Business Interruption (£)

Grand Total (£)

BURNLEY ROAD ACADEMY

697,000.00

307,500.00

210,000.00

1,214,500.00

Further information on the cover provided by the RPA can be found on GOV.UK at: https://www.gov.uk/government/publications/risk-protection-arrangement-rpa-for-academy-trusts-membership-rules

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