• Renier Oosthuizen

Capital Expenditure Frameworks: First draft submission milestone

Novus3 successfully submitted Capital Expenditure Frameworks (CEFs) for four intermediate city municipalities (ICMs) that qualified for the Integrated Urban Development Grant (IUDG). The draft CEF’s submitted are some of the first in the country, and will pave the way towards spatially transformed and financially sustainable municipalities, as envisaged by the Integrated Urban Development Framework (IUDF) . The key to successfully submitting the CEF’s was to draw from the strengths of a multi-disciplinary team – supported by a range of municipal planning tools namely, CP3 capital planning and prioritisation tool, long-term financial modelling, socio-economic profiling and infrastructure investment demand modelling.

#COGTA #IUDF #IUDG #CEF #CP3 #Novus3 #Stellenbosch #MogaleCity #SolPlaatje #uMhlathuze

CEF submission

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