74 Market Walk Building Contract
Report to be presented after Market Walk Steering Group has received it.
Additional documents:
Decision:
1. That the Contractors Proposals are accepted and the contract awarded to Eric Wright Construction.
2. Members note that the costs of the building contract have increased and that additional funding will be sought from Council to cover this uplift in costs. These increases include the Oak House enhancement works and an additional cost relating to the contamination of the site and additional contract costs when a sub-contractor went out of business.
3. To note the Council’s request to LCC for a financial contribution to highways works.
Minutes:
Councillor Margaret France arrived at 6.35pm.
Councillor Tony Gee arrived at 6.37pm.
Councillor Peter Wilson, Executive Member (Resources) presented the confidential report of the Chief Executive, which provides an update on the current status of the project and a proposed contract sum to carry out the works.
Decision:
1. That the Contractors Proposals are accepted and the contract awarded to Eric Wright Construction.
2. Members note that the costs of the building contract have increased and that additional funding will be sought from Council to cover this uplift in costs. These increases include the Oak House enhancement works and an additional cost relating to the contamination of the site and additional contract costs when a sub-contractor went out of business.
3. To note the Council’s request to LCC for a financial contribution to highways works.
Reasons for Recommendation(s):
The proposed contract terms satisfy the requirements of the risk management strategy adopted by the council in relation to this matter, fixing both the price and minimising risk to the council after the contract is signed.
Alternative options considered and rejected:
Council had already decided on the preferred contract to be used and so there are no other options considered and rejected.