Water industry - Scottish Government Investment Group - Committed List performance progress report: quarter 3 2023/24

9. Conclusions

The IG is invited to note that:

• The overall IPOD indicator is within the target range of 757 to 872 points at 787 points and our forecast shows that the IPOD indicator will remain within target range for the rest of the year.

• G100 (Acceptance) has returned to be within target range of 291 to 333 points.
• There is one area where the IPOD is outside of the target range - G110 (Financial Completion). We are 3 points below the target range for this milestone. This has been primarily driven by the wastewater portfolio where a number of projects have been impacted by the realisation of construction risks, third party issues and additional scope requirements.
• The SR15 completion programme remains a concern, where 109 projects (63 "delayed projects" and 46 "Planned projects") have been delivered against a Q3 forecast of 139 projects (84 "delayed projects" and 55 "Planned projects"). This performance has been due to a combination of changes in scope and third party challenges on already complex projects.