Decision details

Recommendation to Approve Localised Resurfacing and New Street Furniture Fund for 2019/20 - 2023/24 - MAY19/CMDN/04

Decision Maker: Cabinet Member for Strategic Planning and Commercial Strategy and Investments

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

The Cabinet Member authorised the issue of the following work package to Skanska Construction UK Limited under the Council’s existing Peterborough Highway Services Contract;

 

£3.5m (£700k p.a. from 2019/20 – 2023/24) Localised Resurfacing budget in lieu of a revenue budget reduction

 

£150k (£30k p.a. from 2019/20 – 2023/24) New Street Furniture budget in lieu of a revenue budget reduction

 

Total work package value is £3,650,000

Reasons for the decision:

This will enable proactive improvements to highway assets as opposed to using revenue money on reactive maintenance.

Alternative options considered:

Approval is given for the provision of Localised Resurfacing and New Street Furniture works in lieu of a revenue budget reduction for a period of 5 years. This will improve the lifecycle of the highway assets.

Interests and Nature of Interests Declared:

None.

Background Documents:

-       Highway Asset Management Policy and Strategy

http://www.peterborough.gov.uk/highwayassetmanagement

-       Highway Infrastructure Asset Management Plan

Publication date: 28/05/2019

Date of decision: 28/05/2019

Effective from: 01/06/2019

Accompanying Documents: