Decision

The bond amount securing the agreement under Section 278/38 of the Highways Act 1980 to be reduced from £1,155,515.00 to £115,551.50 with effect from 07 October 2026 on ER/Winterton/29/01 development off Top Road, Winterton.

Reasons for the decision

Following a site inspection, the works are complete, and the site can be placed on a 12 month maintenance period, with the bond being reduced to 10% of the original bond amount.

Alternative options considered

Not reducing the amount of the bond is not standard practice and could be subject to challenge by the developer.