Decision details
Shareholder request from ODSTL Ltd to bid for housing works
Decision Maker: Cabinet Member for Citizen Focused Services and Council Companies
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
ODST Ltd requires Shareholder approval to bid
for commercial activity.
Decision:
The Cabinet Member for Citizen Focused Services and Council Companies decides as follows:
To give shareholder approval for ODST Ltd to submit the bid for Design & Construction of 9 Residential Units to Passivhaus/EnerPhit Standard. The Managing Director for ODST Ltd will determine the final price & quality submission, conditional upon ODSLtd Board approval
Reasons for the decision:
Approval will allow ODST Ltd to progress the bid, which if won will deliver significant growth and profit to the business, contributing to surplus and the potential to issue dividend back to the Shareholder.
If the decision is not taken or approval not given for the bid to be submitted it has the potential to limit future growth potential and risk overhead under-recovery.
Alternative options considered:
ODST Ltd evaluate tender opportunities from a pipeline. This opportunity fits the High Level strategy parameters detailed above.
Publication date: 25/09/2025
Date of decision: 25/09/2025
Effective from: 30/09/2025
Accompanying Documents:
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