Decision Maker: Transport & Connectivity Policy Committee

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: July 10, 2025

Purpose: 1. To note an update on the overall project progress to date, remaining programmes, current immediate works, revised ongoing Project risks and further new asset condition findings. 2. To note the new revised estimated Capital funding requirements to fully stabilise the critically identified New Cut River Walls to mitigate the high Priority identified risks. 3. To seek approval to continue to progress the works as reported and fully recommended. 4. To seek approval for the additional reallocation of capital funding, with one proposed new investment option recommended.

Content: That the Committee for Transport and Connectivity: 1.     Noted the update progress to date, current remaining programmes, current immediate works and further new asset condition findings and associated risks. 2.     Authorised the Executive Director for Growth and Regeneration, in consultation with the Chair of Transport and Connectivity committee to take all steps required to proceed with the works, including procuring and awarding contracts over the key decision threshold, as outlined in the funding strategies options in the report. 3.     Approved an additional capital investment of £8.217m to enable completion of York Road emergency repairs, emergency works on The Gateway and Goal Ferry ramp and provide funding for further investigation on the 3 newly identified failing assets to enable further designs and proposals developed in FY25/26 – FY26/27. 4.     Noted the long term £10m of capital investment required for each of the 5 years from FY26/27 to FY30/31. This proposed new long-term strategy option will provide for and mitigate for future “known and unknown” high risk strategic river wall assets, which will ensure that the authority meets its ongoing statutory duties by taking an ongoing risk reduction based dynamic approach. 5.     Noted the ongoing structural corporate risk and noted the escalation to regional and central Government to seek further funding to reduce and mitigate the risk.