Purpose

As set out in the Cabinet paper of October
2022, the Temple Quarter project partners are aiming to create a
Joint Delivery Vehicle (JDV) to deliver the regeneration of the
area around Bristol Temple Meads Station and St Philip’s
Marsh.
Homes England (HE) has appointed Deloitte Touche Tohmatsu Limited
(“Deloitte”) and Eversheds Sutherland (International)
LLP (“Eversheds Sutherland”) to provide services in
relation to the regeneration project and creation of a Joint
Delivery Vehicle and future procurement strategy. This decision is
to sign up to an agreement between HE and the council to agree that
the liability for the payment of fees payable to Eversheds
Sutherland will be shared between HE and the council.
This funding covers the work required in order to develop the
strategy to take forward BTQ and the creation of the JDV (including
further funding) that will be brought to Bristol City
Council’s Cabinet for endorsement.
As set out Recommendation 3 of the Cabinet paper of October 2022,
the Executive Director of Growth and Regeneration is authorised to
submit an application to WECA for funding of up to £7.843m to
increase capacity in the Joint Delivery Team, and to the extent
that the application is successful, to then accept, drawdown and
spend this funding accordingly including procuring and awarding
contracts over £0.5m.

Content

Approval to increase the cost sharing
agreement with the Homes and Communities Agency (trading as Homes
England) relating to the payment of professional fees incurred in
relation to the Bristol Temple Quarter Project, by £378,500
from £404,670.