Decision details

To report a variation to the original development agreement to reflect how the development can be progressed

The Public are likely to be excluded from any discussion at which this report is considered on the grounds that it is likely that there would be a disclosure to the public of ‘exempt information’ of the description specified in Paragraph 3 (Information relating to the financial or business affairs of any particular person (including the authority holding that information)) of Part I of Schedule 12A to the Local Government Act 1972.

(Recommendation to Council)

RESOLVED

(1)  That, having regard to the revised Return on Investment, £140,000 be released from the approved budget to allow the project to proceed to the next stage.

(2)  That a pre-construction agreement be entered into with the preferred contractor, contractor A, to complete the design and provide a fixed price for construction.

(3)  Following the contractor providing the Council with a detailed fixed price, and subject to the total project costs being within the budget approved by Council, that the Head of Commercial Services be authorised, after consultation with the Cabinet Member for Commercial Services, to conclude a design & build contract with contractor A.