Report of the City Surveyor.
To be considered with the non-public appendix 3 at Item 26.
Members considered a Gateway 3 Issue report of the City Surveyor regarding Tower Bridge HV System Replacement and Increasing Resilience. The Chairman highlighted this report as an example of best practice and noted he had thanked the report author accordingly. Members noted the non-public appendix detailing financial information at Item 26.
RESOLVED, that Members,
· Approve that the project proceed straight to Detailed Design stage (G4c), noting the G4c will be approved by the Planning & Transportation Committee and Project Sub Committee.
· Approve an additional budget of £431,095 for professional fees required between Gateway 4 and Gateway 4c and for the first payment to UKPN for the installation of the new HV intake.
· Note the revised approved budget will be £760,155 (excluding risk).
· Approve a Costed Risk Provision of £355,000 for Gateway 4 to Gateway 4c.