That the Cabinet Member for Council Homes and Homelessness, following consultation with the Cabinet Member for Communities, Equalities and Finance and in liaison with the Strategic Director of Housing:
1. Approves the award of the main contract for the Ledbury Estate redevelopment, to Higgins Partnership (Higgins) procured via the National Framework Partnership (NFP) framework for a period of 330 weeks for a contract value of £176,347,342 and noting that this scheme will benefit from a minimum of £125,000 per unit grant subsidy from the Greater London Authority (GLA), which results in a total contribution of £32.5m.
2. Approves an additional works contingency, as set out in paragraph 2 of the closed report, to allow for any additional works that may arise outside of the contract and any further design development