Purpose

The report recommends the award of contract to
build the Farm Lane development project.

Decision

This report recommends
that the Cabinet Member for Economy:
 

1.   
Notes that appendices 1, 2, 3, 4 and 5 are exempt
from disclosure on the grounds that they contain information
relating to the financial or business affairs of a particular
person (including the authority holding that information) under
Paragraph 3 of Schedule 12A of the Local Government Act 1972, and
in all circumstances of the case, the public interest in
maintaining the exemption outweighs the public interest in
disclosing the information.
 

2.   
Approves the award of a contract of
£13,702,161 to Neilcott Construction Ltd for the design and
construction of the 31 new homes at the Farm Lane development
through to completion, following Cabinet’s approval of both
the procurement strategy and capital budget report and associated
approval of recommendations therein, in May 2023.
 

3.   
Approves the contingency budget set out in exempt
appendix 3 for this contract.