Agenda item

GW3-4 Issues: London Wall Car Park Joints and Waterproofing

Report of the Executive Director Environment.


The Sub Committee considered a report of the Executive Director, Environment, regarding London Wall Car Park Joints and Waterproofing.


The Sub Committee noted that the costs of delay to the project consisted of a small increase in staffing costs.


RESOLVED, that the Sub Committee:

1.     Approve an additional budget of £129,000 at Gateway 3/4 for staff costs, fees, and investigations, as Table 1 below, in order to reach the next Gateway.

2.     Note the revised project budget at Gateway 3/4 of £ 141,000 (excluding risk) up to Gateway 5, including for costs expended prior to Gateway 3/4.

3.     Approve a Costed Risk Provision of £25,000 at this stage (up to Gateway 5) to cover unforeseen conditions during further investigations, to be drawn down via delegation to the Assistant Director Engineering.

4.     Approve Option 3 (implementation of waterproofing, expansion joint replacement and internal structural concrete repairs)

5.     Note the total estimated cost of the project at £2,384,000 (excluding risk).

6.     Delegate authority to Chief Officer to appoint the successful contractor at Gateway 5 and to instruct the Comptroller and City Solicitor to enter into contract, subject to tendered works costs remaining within the £2,200,000 estimate provided by this report (or to instruct under the new highways term contract subject to satisfactory agreement of costs and the same proviso).

7.     Approve a total Costed Risk Provision of £240,000 for use following Gateway 5, subject to tender costs remaining within budget, for expenditure against identified sums from the project risk registers against specified risks at the construction stage and to be drawn down to the Assistant Director Engineering.

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