Decision details
Development and regeneration programme procurement completion
PDF 118 KBDecision Maker: Cabinet member contracts and assets
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
To approve the expenditure required to
complete the procurement of the development and regeneration
provider including a financial assessment of the identified
preferred bidder. The financial assessment is required as part of
the due diligence process to ensure that the preferred bidder is of
sufficient financial standing to enter into the contract. The
assessment will support the chief finance officer in deciding
whether to support the award of the contract.
Decision:
That:
a further £50k be approved to complete procurement including due diligence requirements
Alternative options considered:
The contract award could be confirmed using the financial standing analysis that was carried out at the qualification stage. However, in light of concerns raised by members, changes to the bidding organisation since the qualification stage, and the significance of any potential contract award, it is considered that further analysis is appropriate to inform any decision to award the contract.
Wards Affected: (All Wards);
Contact: Robert Ewing, Commissioning programme delivery manager Email: rewing@herefordshire.gov.uk Tel: 07792 881304.
Publication date: 09/11/2017
Date of decision: 09/11/2017
Effective from: 16/11/2017
Accompanying Documents: