Issue - meetings

Variation to the duct asset concession contract

Meeting: 10/09/2018 - Cabinet (Item 36)

36 Variation to the duct asset concession contract pdf icon PDF 153 KB

Minutes:

1.    That the Council should vary the duct asset concession contract with ITS Hammersmith & Fulham Ltd from 1/4/18 under the terms set out in the exempt part of the report.

 

2.    That the Council varies the duct asset concession contract with ITS Hammersmith & Fulham Ltd so that:

 

·           There is a fixed fee paid to the Council as set out in the exempt part of this report, and

·           There is a variable fee paid to the Council as set out in the exempt part of this report.

 

3.    That the council manages the procurement risk by issuing a VEAT notice.

 

4.    That the power to vary all other details of the contract relating to administrative aspects are delegated to the Strategic Director for Finance and Governance, in consultation with the Cabinet Member for Finance and Commercial Services.