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DECLARATIONS OF INTEREST FOR ITEM:
 
None
 

RESOLVED:
 
That Cabinet:
 
1.   
Approved the tendering of the works contract for Mallard Place
(Chocolate Factory Phase 2) within the maximum construction cost
contained in the exempt report.

2.   
Approved the Commencement of the Procurement in accordance with CSO
2.01 b) (Cabinet approve commencing a procurement exercise for
proposed Contracts valued at £500,000 or more) to appoint a
contractor to undertake works related to Mallard place for a period
of up to 3 years commencing July 2026. 

3.   
Approved the primary route to market being the LCP Minor Works
Dynamic Purchasing System (DPS), in accordance with CSO 8.01 (use
of LCP DPS). In the event the DPS does not generate sufficient interest or an
acceptable tender, the procurement will revert to the LCP Major
Works Housing Framework (MWH -24 Lot 1.3), in accordance with CSO
7.02 (use of LCP Frameworks).
 

Reasons for decisions

 
These approval
decisions would ensure that the Council will not lose the grant
allocations it has secured, by tendering the build contract in
readiness to have entered into contract by March 2026. Details of
the grant funding conditions are set out in the exempt report.
 
This decision
supported the delivery of 150 homes towards the Council’s
house building target of 3000 Council homes by 2031

Alternative options considered
 
The Council could
decide to not tender the scheme. This option was discounted as it
would negatively impact on the Council’s target of building
more than 3,000 genuinely affordable high-quality council homes by
2031.

The alternative option
is to sell the site(s). This isn’t the preferred option, and
the land value would likely be low. This option would impact the
Council’s commitment to build 3000 Council homes by 2031 and
would also contravene agreement with the GLA.