The Director approves:
1. the terms (and implementation) of settlement of the Disputes (as
more particularly set out in the related decision report);
and
2. the terms (and implementation) of the related contract
variations (as more particularly set out in the related decision
report).
The decisions will realise savings of over £250k and it is
also considered that the decision should be published in the
interest of ensuring accountability and transparency, but (in
accordance with Article 13) it is not considered a key decision
as:
a) the settlement is a reconciliation of normal invoicing processes
within the Street Lighting PFI Scheme and the variation is an
operational change in accordance with the contract terms (i.e.
these are decisions which are a direct consequence of implementing
a previous key decision); and
b) the payment resolves a long standing dispute with the contractor
(i.e. is in settlement of proceedings to which the Council is a
party).