Approval to enter into a design and build contract with Equans Regeneration Limited for the delivery of this development project. The project budget has been allocated through the annual February Council budget-setting meetings.

This decision acknowledges and approves modifications to the proposed contract, as contained within the attached confidential appendix. Additionally, the associated risks of proceeding with this contract have been noted and considered.

To authorise entering into a build contract with Equans Ltd. to undertake this development project (as above).  The budget envelope for the project has been provided at annual February Council budget setting meetings.