Issue - decisions

Issue - decisions

Covered Market Masterplan Enhancement

17/09/2021 - Covered Market Masterplan Enhancement

To allocate an additional £40,000 of feasibility funding to the Covered Market masterplan work.

The scope changes comprise: understanding the potential to move the electricity substation; undertaking a transport survey; more detailed analysis of potential changes to the service yard and Market Street; procuring commercial agents; engaging a quantity surveyor to cost the asset management and maintenance plan; increasing amount of professional support for trader consultation; receiving formal transport advice from the County Council.

The budget increase also includes a 5% contingency allocation, so that any future small budget increase requests could be reviewed by the Project Board. Before this decision, the total approved feasibility budget for the project was £115,500. After this decision, the total feasibility budget for the project is therefore £155,500