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In order to undertake highway works in order
for this to be adopted, it is necessary for a developer (Guildford
Borough Council in this case) to enter into an agreement with the
Highway Authority (Surrey County Council), to agree the standard,
timescales and scope of highway to be improved, delivered and
adopted.
This agreement will define the works to be done, which have been
technically approved by SCC, the cost of the works and any other
costs payable to SCC. These costs are outlined below.

Costs payable to SCC:
• 12% fee = £181,200
• Commuted sum = £481,000
• Legal expenses = £2,000
• Traffic Regulation Order = £15,000
• Road Safety Audit = £2,000
• Contingency = £34,060
Total payable to SCC = £715,260

SCC require that a cash bond or surety is provided as part of the
agreement which would cover the full cost of the works, with 10%
being released on the completion of the works and with this final
retention to be released on completion of the statutory maintenance
period (1 year).
GBC will be entering this agreement with their surety provider whom
they have already indemnified. The premium will be 0.9% on the cost
of works, for a minimum of two years and will be £27,180 for
this agreement.