The Cabinet Member authorised the issue of a work package to undertake improvement works on the A605 Stanground east junction. The total value of the package will be £5m of which £2.8m has been awarded to the Council from the Department for Transport (DfT), via the Cambridgeshire and Peterborough Combined Authority, and £2.2m has been allocated as part of the Council’s MTFS.
Spend to date is £428k, below is a breakdown of spend to date and future forecast:
Year |
|
£ |
2017/18 |
Actual |
41,314.57 |
2018/19 |
Actual |
226,499.24 |
2019/20 |
Actual YTD |
160,249.39 |
2019/20 |
Forecast |
3,071,936.37 |
2020/21 |
Budget |
1,500,000.00 |
Total |
|
4,999,999.57 |
The following governance processes have been undertaken:
· Contract exemption report awarded to BT up to the value of £4119 signed off on 20 June 2018
· Contract exemption report awarded to Cadent up to the value of £22172 signed off on 26 March 2018
· Contract exemption report awarded to Vodafone up to the value of £4000 signed off on 20 June 2018
· Contract exemption report awarded to Virgin Media up to the value of £20,407 signed off on 20 June 2018
Decision type: Key
Reason Key: Expenditure or savings greater than £500,000;
Decision status: Recommendations Approved
Wards affected: Stanground South;
Notice of proposed decision first published: 24/11/2017
Decision due: Not before 12th Dec 2019 by Cabinet Member for Strategic Planning and Commercial Strategy and Investments
Lead member: Councillor Peter Hiller peter.hiller@peterborough.gov.uk
Lead director: Executive Director Place and Economy
Department: Place and Economy
Contact: Lewis Banks, Transport & Environment Manager Tel: 01733 317465, Email: lewis.banks@peterborough.gov.uk lewis.banks@peterborough.gov.uk Tel: 01733 317465.
Consultation process
Relevant internal and external stakeholders.
The scheme is included in the fourth Local Transport Plan. Further consultation will be undertaken during the design process, including ward Councillors.
Relevant Scrutiny Committee: Growth, Environment and Resources Scrutiny Committee