Decision details

City Leap Energy Partnership – procurement update

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To update Cabinet on the City Leap Energy Partnership procurement (the Procurement); seek authorisation of additional funding to complete the Procurement following an extension to the previously estimated timeline; and seek authorisation of extensions to the current legal and financial services contracts in relation to the Procurement.

Decision:

That Cabinet:

  1. Noted the successful conclusion of the ITT stage of the City Leap Energy Partnership Procurement with the receipt of two bids which are in the process of being evaluated.
  2. Authorised the drawdown of additional expenditure of up to £880k to fund the Procurement, which will include the project team and extension of the external legal and financial advisors’ contracts (referred to in recommendations 3 and 4 set out below), through to appointment of the Preferred Bidder and obtaining Cabinet authority to enter into the City Leap contracts with the Preferred Bidder. This sum will to be funded from the Climate & Ecological Emergency Reserve, as well as any in-year underspends within the Growth & Regeneration Directorate.
  3. Authorised the Executive Director for Growth and Regeneration in consultation with Cabinet Member for Finance, Governance and Performance to extend the City Leap Procurement legal services contract, to appointment of the Preferred Bidder and obtaining Cabinet authority to enter into the City Leap contracts with the Preferred Bidder, to an estimated value of circa £1,356k in total.
  4. Authorised the Executive Director for Growth and Regeneration in consultation with Cabinet Member for Finance, Governance and Performance, to extend the City Leap Procurement financial services contract, to appointment of the Preferred Bidder and obtaining Cabinet authority to enter into the City Leap contracts with the Preferred Bidder, to an estimated value of circa £1,112k in total.

 

 

Report author: David White

Publication date: 18/01/2022

Date of decision: 18/01/2022

Decided at meeting: 18/01/2022 - Cabinet

Effective from: 28/01/2022

Accompanying Documents: