Estates and Facilities Management updateTEWV board of directors has decided against transferring all the Trustâs estates and facilities management services into a wholly owned subsidiary.
The subsidiary, TEWV Estates and Facilities Management Ltd, was set up in late 2017 to step in, if required, to provide estates and facilities management services at Roseberry Park in Middlesbrough and this took place on 18 June 2018.
At that time the Trust also recognised the potential for the company to expand into other areas of estates and facilities management. These are important services and the board asked for further work to be undertaken to explore options.
The decision not to proceed was made following an initial review of a draft business case. It was clear to board members that the costs of operating a subsidiary company with the proposed expanded scope would outweigh the potential benefits. A business case will therefore not be presented to the board at the end of September, as originally planned.
TEWV EFM will continue to provide estates and facilities services at Roseberry Park.
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