Issue - meetings

(i)       to note the background leading to the current assessment of key contractual dates; and

(ii)      to note the current contractual position and planned next steps to reach

settlement with the Contractor and associated financial and reputational risks related to this approach.

The Committee had before it a report by the Director of Resources which provided an update in relation to the on-going contractual and legal process to reach a contract/financial settlement with the appointed Principal Contractor for the main works.

The report recommended:-

That the Committee -

(a)      note the background leading to the current assessment of key contractual dates; and

(b)      note the current contractual position and planned next steps to reach

settlement with the Contractor and associated financial and reputational risks related to this approach.

The Committee resolved:-

to approve the recommendations contained in the report.