That the Strategic Director of Housing and Modernisation:
1. Approves the variation to Daniel’s Road, construction contract with Geoffrey Osborne’s Limited (Osborne).
2. Notes a drawn down from the contingency budget to cover inflation costs applied between Gateway (GW) 2 approval (March 2018) and contract award (August 2019).
3. Notes a further call down of the rest of the contingency, reducing the variation to the contract sum.
4. Notes the decrease of on-costs associated with the contract. On-costs include a number of commitments made to local residents including repairs and improvements to existing communal structures and neighbouring homes affected by the new development.
5. Notes the unspent on-costs approved at GW2 are utilised to partially resource the increase of works costs.