New Cross Road Budget and Update PART 1

March 13, 2024 Mayor and Cabinet (Other) Key decision Approved View on council website

This summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.

Summary

Mayor and Cabinet approved the budget increase as set out in the Part 2 report on 13/03/2024. They noted the Council's obligation to pay increased costs to Charles Edwards Ltd under the contract dated 3 October 2022 and the steps being taken to mitigate liability. Mayor and Cabinet delegated to the Executive Director of Place to agree the associated contract variation and noted the scheme's progression to meet the BSA deadline.

Full council record

Decision

It was MOVED, SECONDED and RESOLVED that Mayor and Cabinet

  1. Approve the budget increase as set out in the Part 2 report; noting that the Council is obliged under the terms of the contract dated 3 October 2022 with Charles Edwards Ltd to pay the contractor increased costs associated with prolongation and party wall matters and the steps being taken to mitigate the Council’s liability for increased costs as set out in the Part 2 report.
  2. Delegate to the Executive Director of Place to agree the associated contract variation required.
  3. Note how the scheme is being sufficiently progressed to meet BSA deadline of 6 April 2024 and prevent further significant cost increases.

Supporting Documents

New Cross Road Budget and Update sign off sheet.pdf
New Cross Road Budget Update report PART 1.pdf

Details

OutcomeRecommendations Approved
Decision date13 Mar 2024