Issue - decisions

NPS Leeds Ltd. 2022 Joint Venture Review

19/11/2021 - NPS Leeds Ltd. 2022 Joint Venture Review

The Director of City Development submitted a report which presented proposals regarding the Council’s future relationship with Norfolk Property Services (NPS) Leeds Ltd., a company providing technical services for a range of construction projects. The matter was being submitted to the Board for consideration, given that the current Joint Venture Company agreement was due to expire in 2022.

 

Members welcomed that the proposed 10 year agreement would include 3 break clause points, as opposed to the 2 in the existing contract, in order to provide greater flexibility.

 

Also, responding to a Member’s enquiry, assurance was provided that should specialist expertise be required for a specific development which was not available from NPS, then the proposed agreement would enable this to be sought externally.

 

RESOLVED –

(a)  That an extension of the current agreement between Leeds City Council and Norfolk Property Services until 31st of March 2022, be agreed;

 

(b)  That the extension of the Joint Venture Company between Leeds City Council and Norfolk Property Services for a further 10 years (with a break clause in years 2, 5 and 7), be agreed;

 

(c)  That the necessary authority be delegated to the Director of City Development, in order to enable the Director to finalise the contractual terms between Leeds City Council and NPS Leeds Ltd.;

 

(d)  That it be noted that the implementation and management of the contract with NPS is overseen by the Chief Officer for Asset Management and Regeneration.