NICU 'space to grow' Campaign

The Campaign

Costs

Building and equipping the new NICU is estimated at £6.1m at 2009/10 prices and takes into account higher initial costs generated by sustainable design and fabrics which will be recouped by reduced running costs throughout the life of the building. In this respect The Royal United Hospital has guaranteed there will be no change of use of the new NICU for a minimum of 20 years.

Breakdown of work		£000

Works		3,061
Fees		588
Non-Works costs		76
Equipment		204
Contingency		386
Net Capital Costs		4,315

VAT		579
Final Total (2007 prices)		4,894
Forecast Total Cost at Outturn - estimated 2009 prices*		6,089

* Includes internal fees e.g. project management costs

Capital cost allocation		£000

NICU 'space to grow' Campaign
Building		4,500
Equipment		200

RUH Funding towards NICU
Capital Programme 2007-9		1,389
Total Cost		6,089

Revenue
The associated running costs will be fully met by the Royal United Hospital

The ‘Space to Grow’ Campaign

The Campaign was launched to the public in the summer of 2007. Its aim is to raise at least £2.7m by August 2008, a further £1.5m by July 2009 and the final £400,000 before October 2010. The cost of raising the funds is estimated to be c16% of the total over the period of fundraising.

Meeting the Cost
The RUH has pledged up to £1.4 million towards the project cost. However, NHS resources are finite and if our new NICU is to be built, the RUH needs The Forever Friends Appeal to raise £4.7 million from a range of sources.

Donations and grants are being sought from individuals, trusts and foundations, companies and the general public.

Everyone's support is crucial to our success

In order to raise the £4.7 million target, we know that we need to attract in the region of £2.75 million in the form of major gifts or ‘consortia-led’ approaches that pledge to adopt a significant amount of the overall target.