In accordance with the cabinet member decision of 24th May 2017 entitled “Terms of the BT delivery close down” the following decision is made, that:
A deed of variation is produced between BT and the partner authorities to include the following points:
•Information submitted by BT on premise status of 31st May 2017 is a statement of delivery that BT are committed to reach as premise passed.
•That a retained sum held by the authorities for 12 months against eligible premises that are unable to order a service after an 11 week period of reporting.
•That BT’s obligation to deliver universal service commitment (USC) under the contract is removed.
•That any under delivery in Herefordshire milestones is compensated for reinvestment in the network.
•A reinvestment fund be established under the control of the partner councils to hold any excess profits generated by BT to be used to fund additional network deployment during a period of 7 years after final payment for phase 1.