elaborate and resilient infrastructure and utilities in order to create a conducive environment for teaching, learning and research. The University will contribute to the realisation of national aspirations under this cluster through the following goals, objectives and strategies: Goal 1: In pursuance of Cluster 3 of Zim the University will undertake the following infrastructure development projects during 2015: OBJECTIVE FINANCIAL ACHIEVEMENTS CHALLENGES IMPROVED STRATEGY IMPLICATIONS PERSON 1.1 To complete Estimated cost The contract Limited In keeping with the spirit of self- the of the library is with funding as encapsulated in the Chancellor, construction of $10 million Construction philosophy of Zim Asset, the PVC - BD & the Main Expenditure to who had stalled University should continue with Admin, Campus date is $1 971 progress on fundraising activities as well as adopt Bursar and Library by 876.22 this project has an efficient procurement strategy of Director of December been buying from the source to reduce the Projects 2015 terminated to cost of construction pave way for The University will also source for the partners who have the capacity to appointment of finance projects to completion a (frontload), handover and then be paid resourced as and when the University generates contractor enough resources to pay off the contractor 1.2 Commence The The site has Limited Develop efficient and effective construction of estimated cost of been identified funding fees collection strategies Chancellor, the Graduate constructing the The Adopt aggressive fundraising and PVC-BD & School and library is $21 University has income generating projects (see Admin, Faculties of 975 373.55 already KRA-6) Bursar and Commerce and million recommended to Director of Law Campus the State Projects Library by Procurement January 2015 Board a category
elaborate and resilient infrastructure and utilities in order to create a conducive environment for teaching, learning and research. The University will contribute to the realisation of national aspirations under this cluster through the following goals, objectives and strategies: Goal 1: In pursuance of Cluster 3 of Zim the University will undertake the following infrastructure development projects during 2015: OBJECTIVE FINANCIAL IMPLICATIONS ACHIEVEMENTS CHALLENGES IMPROVED STRATEGY PERSON 1.1 To complete the construction of the Main Campus Library by December 2015 Estimated cost of the library is $10 million Expenditure to date is $1 971 876.22 The contract with Construction who had stalled progress on this project has been terminated to pave way for the appointment of a contractor Limited funding In keeping with the spirit of as encapsulated in the philosophy of Zim Asset, the University should continue with fundraising activities as well as adopt an efficient procurement strategy of buying from the source to reduce the cost of construction The University will also source for partners who have the capacity to finance projects to completion (frontload), handover and then be paid as and when the University generates enough resources to pay off the contractor PVC - BD & Admin, Bursar and Director of Projects 1.2 Commence construction of the Graduate School and Faculties of Commerce and Law Campus Library by January 2015 The estimated cost of constructing the library is $21 975 373.55 million The site has been identified The University has already recommended to the State Procurement Board a category Limited funding Develop efficient and effective fees collection strategies Adopt aggressive fundraising and income generating projects (see KRA-6) PVC-BD & Admin, Bursar and Director of Projects self- resourced Chancellor, Chancellor,
RBM%202015%20Document.docx