Timebase S106 Management Detailed Summary

Summary | Detailed Summary | Video Overview

Increase your Revenue, Reduce your Risk, and make More Efficient Use of your Resources with this innovative umbrella product that will track the progress and review status of theS106 creation through all stages, departments, county, boroughs and districts from initial enquiry/pre-application to discharge of responsibility.

The Timebase Section 106 Management system from Tricostar is an S106 Development Framework that enables full tracking of all S106 agreements at all stages. It seemlessly moves your agreements through alldepartments, using its powerful workflow tool, ensuring all triggers are met and producing significant savings.

Provide Efficiencies, and Speed Up the S106 Process

Timebase Section 106 Management monitors an S106 agreement from initial inquiry right through to the final heads of terms, and encompasses all departments involved throughout the process.

Its powerful inbuilt workflow tool ensures that a S106 agreement moves seamlessly from one department to the next, giving managers and staff a high level overview of where an agreement is at any time, helping to speed up the delivery of the S106.

Increase the number of departments that have an input into the S106 requests by improving their access to the information in a logical and succinct manner.

Improve the information flowbetween departments which will in turn maximisetheeffectiveness of any development e.g.

If a community hall is being built on the site,where is the land being transferred for the library located? If the Highways Department has requested that the road requires two roundabouts, is the right of way impacted or is there an opportunity to put an underpass?

Often smaller departments get overlooked and are not aware of the S106 until it has been signed, losing out on requests.

Increase Revenue and Provide Revenue Monitoring and Forecasting

The systems ability to track all finances including payments due, monies received, allocated and spent means that the authority can be smarter with its money, and ensure that no money is unnecessarily refunded to developers.

The correct tracking of finances enables savings of up to 7 figures within the first year of using such a system.

Ability to model and provide financial information over time, giving the ability to forecast funding, show forecast against actual, actual against capital expenditure by County, District, Department, Postcode andDevelopment Framework etc.

Provide a High level Overview of S106 Requests to enable senior management to review the progress e.g. Planning Policy Advisors, Monitoring Officers, Planning Obligations Managers andChief Executives at both County and District level.

Reduce the Resources Required to Monitor the S106

By automating the process, resources required to manage it are significantly reduced.

Constant Overview of S106 Status and Progress

The system provides a central point for all departmental S106 requests to be viewed with an overall status by S106, by department and by stage of S106 e.g.

• Pre-application
• Setting final heads of terms
• Drawing up Final S106
• Planning Approved & Final S106 Complete.
• Monitoring Triggers
• Monitoring Compliance
• Monitoring Capital Expenditure
• Discharge of Responsibility

These factors combined enable you to…Release money to the authority that is being limited under current budget restraints.