Issue details

A1139 Junction 17-2 Widening Scheme - KEY/27JUN16/02

The Annex should be treated as exempt in accordance with paragraph 3 of Schedule 12A of part 1 of the Local Government Act 1972, as it relates to the financial or business affairs of a person including the council.

 

The Cabinet member approved:

 

1.     The virement of the total sum of £836,572*, in consultation with the Cabinet Member for Resources and Digital Peterborough and the Corporate Director of Growth and Regeneration to the A1139 Junction 17 – 2 widening scheme project from the corporate public realm capital funding to settle the additional construction costs and fees as detailed in recommendations 2 and 3 below;

 

2.     The payment for construction costs in the sum of £638,000 to Balfour Beatty to complete the project works; and

 

3.      The payment for associated professional fees in the sum of £230,549 to AECOM for project management and supervision services.

 

*The two sums in recommendations 2 and 3 do not equate to the figure in recommendation 1 due to £31,977 remaining from the original £18 million budget.

Decision type: Key

Reason Key: Expenditure or savings greater than £500,000;

Decision status: Recommendations Approved

Notice of proposed decision first published: 27/05/2016

Anticipated restriction: Part exempt  -

Explanation of anticipated restriction:
The decision will include an exempt annexe. By virtue of paragraph 3, information relating to the financial or business affairs of any particular person (including the authority holding that information).

Decision due: Not before 9th Sep 2016 by Cabinet Member for Growth, Planning, Housing and Economic Development

Lead member: Councillor Peter Hiller peter.hiller@peterborough.gov.uk

Lead director: Executive Director Place and Economy

Department: Place and Economy

Contact: Andy Tatt, Head of Peterborough Highway Services Email: andy.tatt@peterborough.gov.uk; Tel: 01733 453469 Email: andy.tatt@peterborough.gov.uk Tel: 01733 453469.

Consultation process

Relevant internal and external stakeholders.

Relevant Scrutiny Committee: Sustainable Growth and Environment Capital

Meeting Open to Public: N/A

Decisions

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