That the Strategic Director of Resources:
1. approves the award of the construction works contract for the refurbishment of the new Multi-Arts Centre at 223 Southwark Park Road SE16, to Ark Build Plc, in the sum of £1,906,475.38, for a contract period of 26 months, commencing on 21 February 2026.
2. notes the change in the procurement strategy as set out in further detail at paragraph 5 of this report.