Decision details

Councillor Eamonn O’Brien, Leader and Cabinet Member for Strategic Growth presented the Part B report regarding Prestwich Village regeneration scheme. The report set out the full financial details.

Decision:

Cabinet:

1.    Noted progress made with the development of the overall Prestwich Village Regeneration scheme (the Scheme).

2.    Approved the recommended legal structure and procurement strategy for the appointment of the developer for the Scheme and appointment of a contractor for delivery of Phase 1 of the Scheme as set out in the Part B report.

3.    Approved the commencement of a procurement process by the Council for the delivery of Phase 1A (Travel Hub) of the Scheme in accordance with the legal structure and procurement strategy set out in the Part B report.

4.    Approved the funding strategy to fund the delivery of Phase 1A (Travel Hub) to a maximum expenditure figure of £14m from the Council’s existing capital programme.

5.    Noted the treatment of The Prestwich Regeneration LLP as a contracting authority under the Public Contracts Regulations 2015 in the proposed legal structure and procurement strategy.

6.    Delegated authority to the Director of Law & Democratic Services in consultation with the Executive Director of Place and Leader to negotiate and complete detailed legal and procurement agreements associated with the delivery of the Scheme.  

Reasons for the decision:

• As set out for Part A.

Other options considered and rejected:

• As set out for Part A.