Issue details

Financial Close on the Lord's Hill Academy

To consider a report of the Cabinet Member for Children’s Services and Learning seeking approval to submit the Final Business Case to Partnerships for Schools, complete financial close of the project and to add £16million to this project within the Capital Programme. 

 

Following the appointment of Carillion as the preferred bidder for both of the authority’s academies projects in March 2010, a significant amount of design work has been undertaken on the Lord’s Hill scheme, in order to develop it to a stage upon which financial close can be reached.  With the design now nearing completion and with a view to achieving financial close on this project in the first quarter of 2011, the project team now seeks a Cabinet Decision to secure the necessary internal Council consents required to take this forward.  

Decision type: Key

Reason Key: Expenditure > £500,000;

Decision status: Recommendations Approved

Decision due: 17 Jan 2011 by Cabinet

Department: Children's Services and Learning Portfolio

Contact: Councillor Jane Odgers 023 8091 7594 Email: councillor.j.odgers@southampton.gov.uk Tel: 023 8027 3591.

Consultation process

Circulation of Cabinet Report.

Consultees

The City Council’s Legal, Finance, Property and Democratic Services.

Public Comments may be sent to: Oliver Gill, Technical Project Manager, CSL Infrastructure, 1st Floor Southbrook Rise, Southampton, Email: oliver.gill@southampton.gov.uk Tel: 02380 917594

Decisions

Agenda items