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£1 billion worth of Portsmouth schemes face overspending, leaked report reveals

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A report commissioned by Portsmouth City Council has revealed that 13 major projects worth more than £1 billion are facing potential delays and overspending.

The dossier, put together by consultant KPMG, said that the council’s £144 million Building Schools for the Future programme is in danger of going over budget, and warned that the initiative could face ‘significant’ delays as a project team had yet to be put in place.

The report also added that the city’s £8.5 million Paulsgrove Primary School, dubbed a new ‘superschool’ for the area, is running behind schedule and is unlikely to open until 2010, a year later than first hoped.

According to the council, the document is yet to be made public, but was leaked to local newspaper the Portsmouth News.

The report also highlighted a funding shortfall of £172,000 in the council’s £9 million city-centre improvements, while adding that a decision is yet to be made on the £300 million regeneration of Somers Town (pictured).

A council spokesman defending the outcomes of the document said: ‘By commissioning this report it shows how seriously we are taking these schemes.’

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