1. That the award of works contract for the refurbishment/conversion of existing street properties (as detailed in paragraph 3) to self-contained flats; under a single contract to Niblock (Builders) Limited for a fixed period of 44 weeks from November 2021 for a contract sum of £1,869,695 be approved by the Strategic Director of Housing and Modernisation.
2. That the total scheme costs including associated on-costs and contingency (as noted in the closed report) in the sum £2,209,458 be noted by the Strategic Director of Housing and Modernisation
3. That the Niblock have provided a good range of social value including an apprenticeship on this scheme be noted by the Strategic Director of Housing and Modernisation.
4. That the opportunities for creating green energy through the installation of either electric boilers or air source heat pumps within this scheme be noted by the Strategic Director of Housing and Modernisation. (This is currently being finalised).
5. That it be noted that there is no loss of green space as part of this scheme by the Strategic Director of Housing and Modernisation. This is a refurbishment of existing units which will include improvements to the existing communal gardens.
6. That the Strategic Director of Housing and Modernisation notes that the GLA have indicated grant will be allocated to this scheme however the total value has yet to be formalised. The costs of delivery of new council rented homes will also be financed from resources supporting the housing investment programme, including borrowing if required.