22 Gateway 3: Variation Decision - Extension to the Consolidated Facilities Management Contract
To approve the variation to extend the term of the consolidated facilities management contract with Interserve (Facilities Management) Limited (Interserve FM) for a period of 24 months.
Supporting documents:
Minutes:
RESOLVED:
1. That the variation to extend the term of the consolidated facilities management (FM) contract with Interserve (Facilities Management) Limited (Interserve FM) for a period of 24 months, from 1 February 2018 to 31 January 2020, at an estimated total cost of £13,595,000 be approved. When combined with the estimated contract extension it will bring the total estimated contract value at 31 January 2020 to £45,900,000.
2. That it be noted that the contract extension shall include a six month break clause as detailed in paragraph 10 of the report.