Report of the Director of the Built Environment
Minutes:
The Sub-Committee received a report of the Director of Built Environment in relation to the highway changes and public realm improvements at Aldgate.
Officers advised that although the approved budget for the pavilion was currently £4.4M, there was a further risk exposure of £0.5M given unresolved early warning notices and compensation event requests made by the contractor. These claims were currently being negotiated by the City Surveyor.
RESOLVED - To
1) Note the overall project update, and be advised that the City Surveyor’s Department will be submitting a report associated with the Pavilion;
2) Approve that any remaining funding shortfall, which is not expected to exceed £3M, be met from the OSPR, off set from the provision set aside for the All Change Bank project;
4) Note that a joint Lessons Learnt report will follow in Summer 2018 and the Gateway seven report will be provided a year later, as communications and monitoring conclude; and
Supporting documents: