Decision details
Approval for Implementation of contract under Contract Standing Order 10.02.1a extension of contract for provision of property agency and Compulsory Purchase Order (CPO) consultancy services to support the Wards Corner Acquisition Programme over a 12
Decision Maker: Head of Programme Management
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Decision:
For the Head of Programme - Regeneration and
Economic Development to approve the implementation of Contract
Standing Order 10.02.1a and Extend and Vary the contract with CBRE
12 months from July 2024 until June 2025 at a cost of
£22,000. This is an increase on the previous contract
(4400013848) value of £77,500. The aggregated total value of
the contract is £99,500
Reasons for the decision:
The Council continues to support the delivery
of the Wards Corner Acquisition Programme.
This contract extension will build upon initial CPO advice provided
by CBRE and subsequent negotiations with third party owners and
leaseholders within the Wards Corner development site
boundary.
Alternative options considered:
The following option was considered:
Not to extend the appointment of CBRE to provide property agency
and CPO consultancy services. Option rejected as CBRE have detailed
knowledge of both the CPO procedure adopted (as advised by CBRE)
and hold full detail on the properties to be acquired. They have
undertaken lengthy negotiations with the owners/leaseholders
affected by the CPO and negotiations are currently in
hand.
Publication date: 04/09/2024
Date of decision: 19/08/2024
Accompanying Documents:
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