Examples of Property Plan in a sentence
During the year, the Board assesses the reasonableness of its 10 Year Property Plan on which the provision is based.
The provision is a reasonable estimate, based on an up to date 10 Year Property Plan (10YPP) or another appropriate source of evidence.
It lists information regarding You, Your Covered Property, Plan selected, and other vital information.
These funds are required to be spent in 2021 on Crown owned school buildings under the School's Five Year Property Plan.
The number of candidate VMCS found by the memory scanner algorithm is reported in the third column, while the number of validated ones is reported in the last column.
These funds are required to be spent in 2020 on Crown owned school buildings under the School's Five Year Property Plan.
How is the cyclical maintenance provision calculated?Use your school’s 10-Year Property Plan to determine each major item of cyclical maintenance that should be provided for.
The assumptions used in the spreadsheet will need to be verified every five years by reference to the professionally reviewed 10-Year Property Plan (10YPP), a long-term painting contract or other reliable sources of evidence.
Budgeting starts.Issue reminder notices for all outstanding debts to try and collect all money owing to the school before it closes for the year.NovemberEnsure your 10-year Property Plan is up to date and calculate the provision for cyclical maintenance.
Example: Development and implementation of a Historic Property Plan for an area containing extensive galleries of prehistoric rock art.