Agenda item

The Sub-Committee considered a report of the Director of the Built Environment regarding the Aldgate Highway Changes and Public Realm improvements.

RESOLVED – That,

a)    the following risk items and associated cost implications be noted:

-       A potential £0.5M increase in construction costs of the Pavilion;

-       A further £0.5M which may be required to cover costs of removal of failed material associated with sealing and filling the pedestrian subway exits. 

b)    it be noted that there will be further cost penalties incurred, should Kier be delayed in procuring the Pavilion construction; and

c)    authority be delegated to the Town Clerk, in conjunction with the Chairmen and Deputy Chairmen of the Streets and Walkways and Projects Sub-Committees respectively to authorise a project budget increase. (The combined worst-case costs of each of the risk items detailed in this report comes to £1M. The Town Clerk would further review the impact on the project construction budget and agree funding proposals to address any shortfall.)