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From Greek computers to aircraft carriers made of ice - a collection of 50 of the best stories from Justin Pollard’s Eccentric Engineer column in E&T magazine.
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20 May 2013 | IET London: Savoy Place, UK
11 - 14 June 2013 | Wyboston Lakes Hotel, Bedfordshire, UK
14 June 2013 | IET London: Savoy Place, UK
8 - 10 April 2014 | Midland Hotel, Manchester, UK
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Topic Title: IET London: Savoy Place upgrade Topic Summary: Created On: 18 October 2012 01:53 AM Status: Post and Reply |
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 18 October 2012 01:53 AM
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Will our membership subscription be higher this year because of the IET London: Savoy Place upgrade?
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18 October 2012 06:21 PM
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There is information about costs and the effect on members in the FAQs in the Savoy Place upgrade area of this site.
The IET are not planning to increase membership fees to pay for this project, and the funds are expected to be provided from the established building reserve fund. Hope this helps. Regards ------------------------- David Rossall Manager, Internet Services Group The Institution of Engineering and Technology |
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19 October 2012 08:55 AM
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Dear David,
What will be the % increase of the membership subscription this year? |
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19 October 2012 11:15 AM
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The 2013 fees will be posted on the relevant page in the first week of November, at around the same time that the first renewal notices go out.
Hope this helps. Regards ------------------------- David Rossall Manager, Internet Services Group The Institution of Engineering and Technology |
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06 November 2012 05:56 PM
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06 November 2012 06:08 PM
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The IET and the IMechE have announced the temporary co-location of their HQs at One Birdcage Walk in Westminster, London, should the proposed Savoy Place upgrade project proceed in 2013.
http://www.theiet.org/membersh...a/co-location-2013.cfm ------------------------- Andrew F Wilson IET Governance & Legal Affairs |
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28 February 2013 11:15 PM
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Does anybody have any information of the costs involved in the Savoy Place Upgrade?
I am curious as how this will be funded. Are membership costs going towards this project? |
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28 February 2013 11:15 PM
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I have found a few links elsewhere, which indicates that it it will be funded from a building fund. Where did this building fund come from? If the costs are £30m, what extra provision is in this fund to cover the inevitable overrun?
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28 February 2013 11:15 PM
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That is correct, the current £29.4m project budget will be drawn from a reserve designated by the Trustees, there is no intention to fund the work from subscriptions.
We are still in the early part of stage E of the RIBA design process so some contingencies are included in the budget. We are actively managing cost risk, including investigations and partial strip-out before tendering the main works. Regards Ed Almond IET Finance Director ------------------------- Ed Almond Director of Finance & Planning The Institution of Engineering and Technology |
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28 February 2013 11:15 PM
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Thanks for the reply. Where does the reserve designated by the Trustees come from?
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28 February 2013 11:16 PM
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I've merged two threads on this topic - hope this helps.
Regards ------------------------- David Rossall Manager, Internet Services Group The Institution of Engineering and Technology |
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28 February 2013 11:25 PM
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They have been built up over a period of time from a combination of net surpluses from our various charitable activities, trading profits and investment returns.
------------------------- Ed Almond Director of Finance & Planning The Institution of Engineering and Technology |
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07 March 2013 01:29 PM
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"charitable activities, trading profits and investment returns" - Do any of these "surplusses" originate from subscriptions?
Thanks for merging.... |
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07 March 2013 05:53 PM
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Too much financial speak, but the answer to that is basically no. Surpluses from our charitable activities are fundementally driven by publishing products, which also cross subsidise some other activities such as education and policy work.
regards Ed ------------------------- Ed Almond Director of Finance & Planning The Institution of Engineering and Technology |
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22 April 2013 03:08 PM
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Who is undertaking the Mechanical design for the fitout?
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IET London: Savoy Place upgrade
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