Decision details

(R&E) Forge Island Delivery Arrangements - VEAT Notice

Decision Maker: Strategic Director of Regeneration and Environment

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

That prior to entering a direct award that the Council publishes a Voluntary Ex Ante Transparency (VEAT) Notice to ensure transparency in the procurement approach selected to deliver the Forge Island development.

Decision:

RECORD OF OFFICER EXECUTIVE DECISION

 

 

Date of Decision:

 

Forge Island Delivery Arrangements - 23 September 2022

Decision Maker:

(Including Job Title)

 

Paul Woodcock

Strategic Director of Regeneration & Environment

Specific Delegation:

(If any)

 

No specific delegation.

 

Appendix 9 Section 4C6 of the Council’s Constitution.

Brief Description of Decision:

 

 

That prior to entering a direct award that the Council publishes a Voluntary Ex Ante Transparency (VEAT) Notice.

Reasons for the Decision:

 

 

To ensure transparency in the procurement approach selected to deliver the Forge Island development.

Details of alternative options considered and rejected:

 

A full re-procurement – this course of action would result in considerable delay to delivery, and the very high risk that scheme could not proceed at the current tendered price. This would add significantly to the costs owing to inflationary pressure. Significantly, it would also put at risk the ability to implement the pre-lets already secured. The overall impact is likely to be long term delay of the scheme and a substantial negative impact on the wider regeneration of the town centre.

 

A restricted procurement – this is a complex development scheme; condensing procurement would not allow an alternative developer a reasonable opportunity to assemble and agree the components necessary for the scheme to be costed and delivered.

 

Direct Award followed by the issue of a Contract Award Notice – this route is considered to be less transparent that issuing a VEAT Notice.

Conflicts of interest declared by any Executive Member consulted by the decision maker which relates to the decision:

None declared.

Dispensations Granted:

(If any)

 

n/a

Reports or parts of reports considered

Forge Island Delivery Arrangements Report – 23/09/2022

 

I certify that this is a true record of the executive decision in relation to 

 

 

 

 

      

Signed by the Decision Maker                                    

Dated:

Name: 

Job Title: 

 

Publication date: 26/09/2022

Date of decision: 26/09/2022

Accompanying Documents: