Decision details

To award the contract for the redevelopment of the Campus East Car Park.

Exempt report of the Chief Executive on an update of the procurement of a developer to deliver the residential development at Campus East Car Park.

(1)       The Decision Taken

RESOLVED:

(unanimous)

Cabinet agreed the unanimous decision of the Welwyn Garden City Town Centre North Member Procurement Board was that the Contract for the Redevelopment of the Campus East Car Park is awarded to Bellway Homes Limited.

(2)        Reasons for the Decision

A key component of the regeneration of Welwyn Garden City town centre is residential development on the site of Campus East car park.  This is enabled by the consolidation of parking on Campus West.

The award of the contract was overseen by the Welwyn Garden City Town Centre North Member Procurement Board.  Asset out in the report, the Board unanimously recommended award of the contract to Bellway Homes,

The financial aspect of the bidding process concerns the scale of developer premium to be paid by the developer.  Subject to successful planning consent, and possible design changes, rgis premium could represent a capital receipt for the Council.