This report provides detail in addition to background and context to support the proposal that the Executive Director Place Services confirms the appointment of a commercial organisation, named as preferred bidder, with which the County Council is to enter into a Joint Venture Partnership Agreement in accordance with Cabinet Member decision FR05 19-20 28/06/2019 (Procurement - Property Development Enterprise).
The organisation will become the partnering company in the joint venture with the Council and will provide property development funding, resources and services in order to bring forward for development areas of land in which the Council has an interest, subject to assessment of commercial viability and value, in accordance with a partnership agreement. The report explains the mechanisms for decisions of the partnership and joint venture governance.
The full report is restricted to members only and concerns the procurement of the partner and the output of the procurement in relation to the achievement of the aims of the original decision.
Decision type: Key
Reason Key: Affects more than 1 ward;
Decision status: Recommendations Approved
Divisions affected: (All Divisions);
Notice of proposed decision first published: 14/01/2021
Anticipated restriction: Fully exempt - View reasons
Decision due: March 2021 by Executive Director Place Services
Lead member: Lee Harris, Executive Director Place Services firstname.lastname@example.org
Lead director: Lee Harris
Contact: Malcolm Mayo, Technical Programme Manager Email: email@example.com Tel: 033022 23031.
Representation can be made via the officer contact in the month prior to that in which the decision is to be taken.
Performance and Finance Scrutiny Committee 11 March 2021
Democratic Services Contact: Suzannah Hill Tel: 033022 22551
Background3: A Prosperous Place