Decision

Having been duly proposed and seconded, the Executive Resolved to:-

·       Approve the virement and therefore allocation of £7,347,994 of Somerset Council funding to the A38 MRN Scheme within the existing approved Capital Programme as per below:

-      £5,580,000 from the Local Transport Grant

-      £1,767,994 from the Previous Majors Underspend

·       Agree that the schemes (generally in accordance with the plans shown in appendices) would be delivered through the existing M5 Junction 23 (Dunball) NEC contract and the Highways New Assets Framework which had been competitively tendered with a scope that enabled the works to be included.

·       Delegate authority to the Section 151 officer, in consultation with the Service Director for Infrastructure and Transport to accept a further DfT funding award through North Somerset of £8,639,034 and enter into any associated funding agreements required to facilitate delivery of the scheme.

·       Delegate authority to the Service Director Infrastructure and Transport to award contracts, issue task orders and enter into any ancillary agreements, deeds, variations and contractual documentation necessary to deliver the Somerset elements of the scheme.

·       Note that the Local Authority contribution to the scheme had already been identified within the Council's approved Capital Programme.