Councillors and committees

Decision details

Cambridge Road Estate Redevelopment Joint Venture Contract Award

Decision Maker: Finance and Partnerships Committee

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No


Full Council is RECOMMENDED to agree to:


1. award the contract to Countryside Properties (UK) Ltd;

2 the establishment of the Limited Liability Partnership (LLP);

3. delegate to the Finance and Contracts Committee the authority to:

(a) appoint RBK councillors and officer representatives to the LLP Board and any other related body; and

(b) review and approve LLP Business Plans; and

4. delegate to the Director of Growth, in consultation with the Director of Corporate and Commercial, Leaders, relevant Administration Portfolio Holders, and Opposition Spokespeople, the authority to agree the name of the Joint Venture LLP, negotiate the final detailed terms of the agreements being entered into, and authority to agree that the Council enter into the following agreements:

? LLP Members’ Agreement

? Development Agreement

? Completion Agreement

? Phase Lease and Works Agreement

? CPO Indemnity Agreement

? Project Management Agreement

? Construction Management Agreement

? Corporate Services Agreement

? Any ancillary agreements or documents necessary to give effect to the setting up of the Joint Venture LLP in accordance with the agenda report and its appendices

Report author: Duncan Brown

Publication date: 18/03/2019

Date of decision: 18/03/2019

Decided at meeting: 18/03/2019 - Finance and Partnerships Committee

Accompanying Documents: