Issue - decisions

Following on from a previous appointment and a change in guidance, further work is required to amend the Regeneration Plan and the 4 Year investment plan in relation to the P4N submission (deadline November).

This work was covered under the original works order invoice day rate from Avison Young and costs and work schedule are broken down as follows:

·         Workshop - one day x SR/LG

·         4-year Investment Plan

o   Drafting (Text) 2 days SR, 2 days LG

o   Outputs/Outcomes/Logic Model    2 days LG

o   Financial Modelling (programme financial forecasting) 2 days UH, 1 day SR

o   Delivery Modelling (contractual etc) 1.5 days SR, 1.5 days LG.

·         Vision

o   Redrafting & incorporate new MHCLG data (1 day LG, 2 days UH, 1 days SR)

o   Outputs/Outcome/Login Model (1 day LG)

o   Evaluation Framework (1 day LG, 1-day UG)

Breaks down to the following at the agreed day rates (SR £1360; LG £960, UG £640)

Workshop: 2 days. Cost £2,320.00 –

IP: 12 days, Cost £12,680

Vision: 7 Days, Cost £6,806.00

Total = £21,806.00

Exp at 2% = £436.00

Total: £22,242 – rounded down

Decision:

To authorise appointment of Stephen Rosevear at Avison Young to undertake the required amendments to the Regeneration Plan and the 4 Year Investment Plan at a cost of £22,242 to be paid from the P4N capacity funding.