Agenda item

Bank Junction Improvements Project: All Change at Bank

Report of the Director of the Built Environment


The Sub Committee considered a report of the Director of the Built Environment on the Bank Junction Improvements Project.


RESOLVED – That the Streets & Walkways Sub Committee:


1.         Approve an additional budget of £151,323 to reach the next Gateway as explained in section 3; and that this be funded from the already approved Central funding (total approved budget of £2,074,733);


2.         Approve a revised Costed Risk Provision of £93,000, (previously £95,000), to be drawn down via delegation to Chief Officer;


3.         Agree the approach set out in section 4 to delay the consultation findings report until September 2021 to provide additional time to analyse and consider the responses fully; and,


4.         Note the delay to the programme which will mean that, if approved, construction work for the project would not start until at least January 2022.


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