Issue - meetings

To provide an update on the latest position and to seek approval of the recommendations in respect of the next stage of the project

1.         Approved the award of the Pre Construction Services Agreement (PCSA) to

              Buckingham Group in order to firm up current costings for the arena as

             currently proposed;

2.         Authorised the Strategic Director for Place to undertake all negotiations and

             sign off the PCSA Contract in consultation with the Mayor as and when it is

             finalised;

3.         To ensure that the PCSA process takes full advantage of value engineering

             options offered under the current arena project;

4.         To commission an independent value for money review in parallel with the

             PCSA process in order to inform the economic case for any investment in the

             arena project;

5.         To undertake further indicative work as to the options as to what type, size

             and shape of arena that could be procured should a new procurement be

             required;

6.         Agreed that the Strategic Director for Place return to Cabinet following

             the conclusion of the PCSA, the Value for Money Study, and the review of

             options in order to allow Cabinet to take a view on how to proceed with the

            project in such a way as to seek to minimise additional costs and maximise

            VFM and the economic case for an Arena; 

7.         Approved Enabling Works and the pre-ordering of elements of

            work/materials yet to be specified (where there is a clear benefit in doing so)

            prior to the main building contract being signed;

NB Recommendations 8 and 9 as set out in the report were not endorsed and will be reviewed in a fresh look at the travel plan with a further report to Cabinet as soon as possible.