This report recommends that the Cabinet Member for Economy:
1. Notes that appendices 1, 2, 3, 4 and 5 are exempt from disclosure on the grounds that they contain information relating to the financial or business affairs of a particular person (including the authority holding that information) under Paragraph 3 of Schedule 12A of the Local Government Act 1972, and in all circumstances of the case, the public interest in maintaining the exemption outweighs the public interest in disclosing the information.
2. Approves the award of a contract of £13,702,161 to Neilcott Construction Ltd for the design and construction of the 31 new homes at the Farm Lane development through to completion, following Cabinet’s approval of both the procurement strategy and capital budget report and associated approval of recommendations therein, in May 2023.
3. Approves the contingency budget set out in exempt appendix 3 for this contract.