Decision details

Approval of cost increase to main works

1.  That the following variations to the Rye Hill new build contract with Equans Ltd (previously trading as Engie) totalling £3,961,805.34 be approved:

·  an additional contract cost for deed of variation of £2,254,845.93 making the revised contract sum to £8,294,526.59 from £6,039,680.66 to be executed via a deed of variation based on the 14 December 2022 position

·  an additional contract cost of £1,706,959.41 for the additional contract instructions making the revised contract sum £10,001,486 from £8,294,526.59, of which £661,790.35 is a retrospective approval

2.  That the revised anticipated contract completion date of 19 January 2024 from 16 May 2022, which is an increase of 86 weeks, be noted.