Decision details

Gateway 3 - Variation Decision for variations valued over £500,000 (Works) - Slippers Place - Deed of Variation to the Works Contracts

Decision Maker: Strategic Director of Resources

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

Approval of cost increase to main contract

Decision:

That the Strategic Director of Finance:

 

1.  Approves a variation to the works contract for the development at Slippers Place with Glenman Corporation Limited (Glenman) from £6,939,409 to £8,459,317 an increase cost of £1,519,908 for the reason noted in paragraphs 12-13 of the report.

 

2.  Notes the revised total scheme costs from £8,548,562 to £10,576,082 including on-cost further details of which are in the closed report.

 

3.  Notes a revised practical completion date of 5 December 2024. 

 

4.  Notes an additional variation to the capital programme in the sum of £1,674,694 is required for the reason noted in paragraphs 44-45 of the report.

 

 

 

Publication date: 13/02/2024

Date of decision: 08/02/2024

Effective from: 21/02/2024

Accompanying Documents: