Purpose

The Economy and Growth Committee at its
meeting on 12 March 2024 considered a report on the Macclesfield
Indoor Market Refurbishment and resolved that the Committee
authorise the Head of Economic Development to select and enter into
a contract with a provider to deliver refurbishment works to
Macclesfield Indoor Market, noting the value of the contract will
exceed £1,000,000.
 
The Corporate Policy Committee at its meeting
on 6 February 2025 considered a report on the UK Shared Prosperity
Fund Transition Year 25/26 and approved the allocation of a further
£500,000 of UK Shared Prosperity Fund for the continuation of
the Macclesfield Market Refurbishment Project and that such
allocations to be embedded into the MTFS. This was to cover any
overrun of the initial project into 25/26 which could not be funded
in 24/25 and to cover additional items, largely those which had to
be scoped out of the project previously as part of value
engineering.

Content

     
i.        
To issue a Work Package Instruction to CEC Assets, requesting the
continued project management of the Macclesfield Market
Refurbishment Project and the variation of the existing
construction contract with F Parkinson, entered into on 18th
October 2024, for the delivery of additional construction services
up to a maximum additional value of £430,000.
 

    
ii.        
To draw down funding from the budget approved for this project for
those contracted construction works.