1. That in consultation with the cabinet member for health and wellbeing, the contract award for nursing care provision at Tower Bridge Care Centre to Agincare Homes Holdings Ltd for an initial period of ten years from 1 October 2024 to 30 September 2034 and the option to extend for a further five years from 1 October 2034 to 30 September 2039, be approved.
2. That in consultation with the cabinet member for health and wellbeing, the contract award with an option to extend for a further five years for an estimated annual contract value of £5.89m, giving an estimated initial contract value of £58.9m and a whole life contract total value of £88.5m, be approved.
3. That it be noted that there will be a separate report for approving the lease for Tower Bridge Care Centre to Agincare Homes Holdings Ltd.