Please can you provide your fees and information for the following items
A: Bond Calculation
i) Please confirm how you calculate your bond figure for a S38 scheme and provide any figures you use for the calculation.
For instance, many authorities have figures for some, or all, of the following to use in their calculations – please provide these where you have them
7.3 metres carriageway
N/A
6.7m carriageway
£ 1,299.064
6m carriageway
N/A
5.5m carriageway
£1,130.81
5m carriageway
N/A
Single Footpath
£89.80
Double Footpath
N/A
3m Cycle Way
£134.71
Street Lighting
1 Street light £1436.5
ii) In what year were your figures last updated?
Last updated in 2024
B: Section 38 Fees
i) What % of the bond/total works value do you charge to cover your fees for the Section 38?
We charge 6% to cover our fees for Section 38
ii) Is this calculated by yourselves using the Bond or in house works values (please state) or do you use the developers BoQ/valuation for the works value?
We calculated this using the bond.
iii) Do these fees cover all of your admin, technical review, legal and supervision works associated with that Section 38 or are there additional charges for any of these services?
That fee covers all work associated with the Section 38.
iv) If there are additional fees, i.e. for Legal services, please state what these are and what the charge/rate is for them?
N/A
C: Commuted Sums
i) Please can you provide a list of your commuted sum items and their associated rates.
Commuted sums are currently calculated on a case by case basis. We are considering introducing commuted sum rates.