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On 5 September 2023, Cabinet:-
(i) Approved :-
(a) The Full Business Case (FBC) attached at Appendix A1 to the report (Full Business Case);
(b) Subject to receiving approval from Government:
(i) The appointment of a preferred bidder by Birmingham Highways Limited (BHL) following the agreed procurement process; and
(ii) That the Council enters into revisions to the PFI contract with BHL implementing the commercial arrangements set out in in Appendix A to the report;
(c) The sources of assurance proposed in Appendix A to the report and approved the resources to put these in place assumed in Appendix A5.
(ii) Delegated authority to:-
(a) The Strategic Director of City Operations and Director of Finance (s151 Officer) or their Delegates to finalise outstanding commercial matters within the parameters set out in Appendix A to the report;
(b) The Strategic Director of City Operations and Director of Finance (s151 Officer) or their Delegates to enter into a joint agreement with BHL for the provision of an Independent Certifier to meet the revised terms of the PFI contract variation approved under (i) (b) (ii) above;
(c) The Assistant Director, Highways and Infrastructure to implement the necessary changes to the structure of the Highways and Infrastructure service to provide the assurance set out in Appendix A to the report, given the proposed changes to the contract, within the identified and approved cash limits; and
(d) The City Solicitor (or their Delegate) to negotiate and complete all necessary documentation to give effect to the above
recommendations.
THE DEADLINE FOR CALL IN IS 1600 HOURS ON FRIDAY 8 SEPTEMBER 2023.
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