Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
Salford City Council - Record of Decision
The reasons are as development and delivery of the project has progressed, approvals have been given to draw down on the project funding against project expenditure. The total of approved expenditure is within the overall project budget, leaving a contingency amount to be used for increases in project costs.
The project is now in its delivery stage and increases have occurred in construction costs and for additional design and in-house costs. These have caused the forecast of committed expenditure to exceed the total approved to date. Approval to draw down on the project contingency is therefore needed to meet committed and forecast expenditure.
Assessment of Risk: Low - Funding for the project has already been committed. Growth Deal funds have been expended and reclaimed from GMCA. The forecast final expenditure remains within the overall total of committed funding.
Procurement Advice obtained: Christine Flisk, Procurement Manager
Climate Change Advice obtained: Richard Tindall, Principal Engineer
The following documents have been used to assist the decision process.
* This decision is not subject to consideration by another Lead Member
Publication date: 10/01/2022
Date of decision: 10/01/2022
Decided at meeting: 10/01/2022 - Property / Regeneration Briefing
Effective from: 18/01/2022