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Costs
How the college’s construction was funded
College reserves £14.4³¾
Learning and Skills Council £14.2³¾
Sale of property and land £6.1³¾
Bank loan £12.3³¾
Contributions from University of Essex £2³¾
The Higher Education Funding Council £2³¾
ERDF grant £1³¾
Build costsÌý
Base building (excluding professional fees and VAT but including a raised access floor throughout) £29.3³¾
Core fit out (including wall finishes; floor and ceiling finishes; all internal plaster board and glass partitions but excluding professional fees and VAT)£6.2³¾
Fixtures, furniture and equipment (80% of furniture was relocated)£2³¾
Total cost £37.5³¾
Cost per m2 £1402