The Projects and Procurement Sub-Committee of the City of London Corporation were scheduled to meet on Thursday, 4 September 2025. The agenda included a commercial risk register update, discussion of public realm improvements, a healthy streets plan, and several reports regarding procurement. Deputy Benjamin Murphy was scheduled to chair the meeting.

Corporate Risk

The sub-committee were scheduled to receive an update on the Commercial, Change & Portfolio Delivery Risk Register. According to the report, each Chief Officer is required to provide regular reports to the relevant committee regarding the principal risks within their department, in accordance with the Corporation's Risk Management Framework.

The Commercial, Change and Portfolio Delivery (CCPD) Division currently has one AMBER Corporate Risk:

CR33 – Limited portfolio-level oversight and lack of consistent use of corporate prioritisation processes and five service level risks. The CCPD Management Team regularly reviews all risks and implements actions intended to mitigate their potential impact.

The report included details of the CCPD managed risks in appendix 1, and the CCPD Risk Register in appendix 2.

The report also included more detail on the five service level risks:

• Procurement Act 2023 Readiness: This risk relates to the potential for misimplementation of the new Procurement Act 2023[^1], which could lead to less transparent procurement, delays, and increased costs. The report notes that training sessions have been delivered to client departments, and new processes are being implemented on a case-by-case basis. [^1]: The Procurement Act 2023 replaced the UK's complex EU-based system post-Brexit, aiming to simplify and modernise procurement, increase transparency, and improve accessibility for small businesses and new entrants.
• Supplier Management: This risk highlights challenges in effectively managing suppliers due to poor data, lack of engagement with small and medium enterprises (SMEs), and the omission of key performance indicator (KPI) reporting.
• Procurement Governance: This risk focuses on inefficient governance processes and low thresholds for procurement activities, which can increase the burden on officers and undermine the procurement framework.
• PM Lack of Knowledge: This risk relates to project managers across the City of London lacking the necessary knowledge and skills to effectively manage projects.
• Resource Capacity of the Commercial Service: This risk addresses resource constraints and inefficiencies within the Commercial team, potentially leading to delays and increased workload.

Procurement of Police Cyberalarm

The sub-committee were scheduled to consider a report regarding the Stage 2 award procurement for a Police CyberAlarm.

Enforcement Agents for Revenues and Parking

The sub-committee were scheduled to consider a report regarding the Stage 2 award procurement for enforcement agents for revenues and parking.

Corporate Risk 33

The sub-committee were scheduled to consider a report regarding Corporate Risk 33 - Limited portfolio-level oversight and lack of consistent use of corporate prioritisation processes risk appetite statement.

Temple Avenue Public Realm Improvements

The sub-committee were scheduled to receive a report from the Executive Director, Environment, regarding public realm improvements to Temple Avenue.

Fenchurch Street Area Healthy Streets Plan

The sub-committee were scheduled to receive a report from the Executive Director, Environment, regarding the Fenchurch Street Area Healthy Streets Plan.

Barbican Residential Maintenance Contract

The Director of Property and Estate Management – Barbican was scheduled to provide a verbal update on the Barbican Residential Maintenance Contract.