Decision Maker: Director of Planning and Growth
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
That the Director of Planning and Growth;
1. Approves the variation of the contract with Circet Ltd (formerly KN Networks Services Ltd) in the sum of £961,800 to reflect contract variations and the Settlement Agreement negotiated with Circet Ltd in order to complete the Works of Phase 1 Peckham Rye Station Square, as detailed in paragraphs 7 to 15 and paragraph 30 of this report, making a total contract value of £6,811,118.
2. Notes any delay in signing this Gateway will put the new Practical completion of the 14 August 2023, as stated in the Settlement Agreement, at risk and expose the Council to further claims for extensions of time by Circet Ltd. The Settlement Agreement must be sealed no later than Thursday 1 June 2023.
Publication date: 01/06/2023
Date of decision: 01/06/2023
Accompanying Documents: