Issue - meetings

To note that the final contract sum was £5,000 above the approved figure.

Emma Dagnes, Deputy Chief Executive Officer Alexandra Palace, introduced the report as set out.  It was noted that the original contract award had included provisional sums. The final sum in the contract was £5,400 higher than the provisional sum approved by the Board. To ensure due process was followed it was necessary for the Board to approve the higher sum although it was pointed out that following value engineering, the project was not expected to exceed the original contract sum.

Further to considering exempt information in relation to the report, it was

RESOLVED

1.         To note the update; and

2.         To approve the addition of £5,400 on the original contract sum (as set out in the exempt report)