Issue - decisions

Award of contract to Montagu Evans to provide commercial, property and finance advice in relation to Broadwater Farm Estate and the delivery of new homes and improvements.

05/08/2020 - Award of contract to Montagu Evans to provide commercial, property and finance advice in relation to Broadwater Farm Estate and the delivery of new homes and improvements.

This report makes the following recommendations:

1. To implement Contract Standing Order 9.07.1 (c), which provides that a Director may award, assign, or novate contracts valued at less than £500,000 (five hundred thousand pounds) for the purposes of appointing Montagu Evans to provide commercial advice to support and assist the development options for new housing and urban design framework for Broadwater Farm Estate. The preferred contractor will be commissioned to review and scrutinise the outputs emerging from the separately appointed consultant Design Team, over a period of 18 months leading to a resident ballot.

2. Award a contract to Montagu Evans for commercial advice up to a Maximum value of £200.000 + VAT.