Decision details

(i)           to note the changes being made to the Hub Design, Build, Finance and Maintain (DBFM) delivery model;

(ii)          to agree to the Hub Shareholders Agreement and the Territory Partnering Agreement being amended to accommodate these changes;

(iii)         to note that all participants within Hub North Scotland Ltd must agree to the amendment before any project in the area can proceed to financial close; and

(iv)         to delegate authority to the Head of Finance and Head of Legal and Democratic Services to resolve any unforeseen issues that may arise during the implementation of these changes.