Canning Town Estates Regeneration Project Management Services contract award

April 1, 2025 Corporate Director of Inclusive Economy and Housing (Officer) Key decision Awaiting outcome 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

The Cabinet of Newham Council agreed to authorise the Corporate Director of Resources to enter into new long-term borrowing of up to £454m to fund the estimated borrowing requirement in 2025/26. This decision was made on 01/04/2025. The Corporate Director of Resources will determine the type, period, rate, and timing of the new borrowing.

Paul Kitson, Corporate Director of Inclusive Economy and Housing, agreed to accept and manage grant funding for the Individual Placement and Support in Primary Care programme extension. This decision was made on 18 March 2025. The agreement includes varying the current grant to extend its term and incorporate additional funding, making flow-down payments of £404,381.40 to the London Borough of Hackney and the London Borough of Waltham Forest.

Supporting Documents

Officer Decision Record - IPSPC AR050325.pdf
Financing the 2025-26 Capital Programme.pdf
Officer Decision Record - IPSPC AR050325.pdf
Appendix 2. Prudential Indicators.pdf
Appendix 1. Current Treasury position.pdf
Appendix 2. Prudential Indicators.pdf
Appendix 3. Borrowing Requirement Detail.pdf
Financing the 2025-26 Capital Programme.pdf
Appendix 3. Borrowing Requirement Detail.pdf
Appendix 1. Current Treasury position.pdf

Details

OutcomeFor Determination
Decision date1 Apr 2025
Effective from9 Apr 2025
Subject to call-inYes