Decision details
Appointment of Jones Lang LaSalle Limited (JLL) to provide Commercial Advice
Decision Maker: Head of Regeneration and Economy
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Purpose:
The contract is to ensure considerations of options on council owned land is supported by appropriate commercial advice
Decision:
To appoint Jones Lang LaSalle Limited (JLL) as commercial agents to advise on options for council owned land.
The decision follows a closed tender process.
The agreed contract sum is for Stage 1 works at a total cost of £51,435 excl’ VAT with an option to extend to Stages 2,3 subject to project approval and at a total combined Stages1-3 cost of £80,263.
The contract is staged with progress to subsequent work stages consequent on Development Board and relevant officer approvals.
Reasons for the decision:
To ensure that the Council receives independent advice with regard to the To ensure that the Council receives independent advice with regard to the existing uses and future commercial opportunities existing uses and future commercial opportunities
Alternative options considered:
No alternatives available – specialist advice is necessary
Publication date: 30/09/2024
Date of decision: 27/08/2024
Accompanying Documents:
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