Issue - meetings

to approve the recommendations contained within the exempt report.

The Committee had before it a report by the Interim Director of Corporate Governance which provided details of the preferred operator and management of the existing and new AECC and sought approval to award the contract to the successful participant, outlining the procurement and evaluation process undertaken and financial implications to minimise the operational costs to the Council.

The report recommended:-

that the Committee –

(a)       to note the results of the competitive dialogue tendering exercise for the operation and management of the existing and new AECC;

(b)       to approve the appointment of SMG Europe as the operator of the existing and new AECC;

(c)        to delegate to the unanimous approval to the Head of Legal and Democratic Services, in agreement with the Interim Depute Chief Executive (Director of Corporate Governance) and Head of Finance, the negotiation and approval of the contract documents noted below, and any other contracts, letters or documents which are required to be signed and/or sealed in connection with the appointment of the operator of the existing and new AECC on such terms and conditions, consistent with the key legal and commercial terms referred to above, as they think fit.  The contract documents referred to above are:-

(1)       the Transitional Agreement

(2)       the Concessionary Agreement; and

(d)       to approve the financial commitment of £1.27m per year for 2017/18 and 2018/19 for the operation and management of the existing venue.

The Committee resolved:-

to approve the recommendations.