Modern.gov Breadcrumb
- Issue
Modern.gov Content
Issue - meetings
Bristol Beacon?
Meeting: 09/03/2021 - Cabinet (Item 24.)
Additional documents:
- Appendix A1 - Bristol Beacon - Whole Project Programme, item 24. PDF 288 KB
- Appendix A2 - Confidence in Cost to Complete, item 24. PDF 2 MB
- Appendix A3 - Timeline 2000-2018, item 24. PDF 106 KB
- Appendix A4 - Project Manager Discovery Item Report, item 24. PDF 4 MB
- Appendix D - Bristol Beacon - Strategic Risk Register V3, item 24. PDF 92 KB
- Appendix E - EqIA Bristol Beacon refurbishment FINAL, item 24. PDF 200 KB
- Appendix F - Eco Assessment FINAL, item 24. PDF 159 KB
- Appendix G- Financial Advice_Redacted, item 24. PDF 561 KB
- Appendix I1 - Exempt Bristol Beacon Completion Cost Plan , View reasons restricted (24./10)
- Appendix I2 - Exempt Financial Advice , View reasons restricted (24./11)
- Appendix I3 - Exempt Organisational Risk Register , View reasons restricted (24./12)
- Appendix I4 - Exempt Project Specific Costed Risk Register , View reasons restricted (24./13)
Decision:
Cabinet
- Recognised the importance of the Bristol Beacon to the city’s cultural offer and in doing so, approves the revised cost envelope of £106.9m and incorporating the following (total increase of £58.1m in addition to £48.8m previously approved):
a) £3.405m WECA funding for project inflation (approved by WECA in June 2020)
b) £2.930m WECA further funding support (approved by WECA in January 2021)
c) £6.201m from Arts Council England Kickstarter grant
d) £44.464 from Bristol City Council own capital programme and resources funded by Prudential Borrowing (proposed to be released from capital programme contingency)
e) £1.1m further funds to be raised by BMT;
- Authorised the Executive Director for Growth & Regeneration in consultation with Cabinet Member Finance, Governance and Performance, Section 151 officer and the Monitoring officer to take all steps required to enter into any contracts required and negotiate and agree changes to existing contract terms to give effect to the above including;
a) Enter contracts for professional services required to complete the project;
b) Amend the construction contract to transfer risk and secure greater cost and programme certainty;
c) Agree any new/additional terms of grant with any grant funding bodies.