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Issue - decisions

Variation to Construction of New Units at Faraday Business Park

07/07/2021 - Variation to Construction of New Units at Faraday Business Park

RESOLVED that the Executive:

 

(a)  agrees to the two-stage process for providing office accommodation in Units 15 and 16 (set out in paragraphs 17 - 23 of the Executive Briefing Paper) and the required increase in the capital budget of up to £550,000;

 

(b)  approves a variation to the current construction contract, at an estimated cost of £165,000, to allow for the stage one office works to be undertaken;  

 

(c)  grants delegated authority to the Director of Planning and Regeneration following consultation with  the Deputy Chief Executive Officer and the Executive Member for Policy & Resources to award a contract(s) for the stage two office works, at an estimated cost of up to £385,000; and

 

(d)  additionally, note that an additional capital budget of £50,000 is required to cover minor variations to the scheme following the award of the construction contract.


 

 




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