To advise the Executive of the outturn cost for the Council car park and pedestrian highway works and to detail the key reasons behind the overspend on this project.
In September 2013 the Executive approved the award of contract for the resurfacing and repairs of numerous car parks and footways around the borough. The contract was awarded to Colas Limited in the sum of £329,460.93.
The final account for the project has been agreed at £511,268 which is 55% over the approved contract sum.
This report details the main reasons for the overspend and advises the Executive that this has been funded from within existing budgets.
Decision type: Key
Reason Key: Expenditure > £100,000;
Decision status: Recommendations Approved
Notice of proposed decision first published: 11/03/2016
Anticipated restriction: Part exempt - View reasons
Decision due: 16 May 2016 by Executive
Lead member: Executive Member for Policy & Resources
Lead director: Director of Finance & Resources
Contact: Ian Cousins Email: icousins@fareham.gov.uk.
Background Papers: File of work survey