Decision details

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: