CR/659/12/23-Specialist Finance Advisory Services Contract Award
December 4, 2023 Chief Financial Officer & Service Director Finance & Technology, Strategic Lead Commissioning and Contracts (Officer) Approved View on council websiteThis summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.
Summary
...to award a contract for specialist finance advisory services related to the South Yorkshire Airport City (SYAC) project, aimed at reopening Doncaster Sheffield Airport and fostering economic development.
Full council record
Purpose
South Yorkshire Airport City (SYAC) is the
project to reopen Doncaster Sheffield Airport (DSA) and develop a
cluster of high value economic activity which complements
traditional aerospace
functions, including logistics. SYAC would incorporate employment,
retail, leisure and residential opportunities with excellent
transport links, supporting new inward investment into
Doncaster
and South Yorkshire.
To ensure successful delivery the Council has developed a detailed
programme plan with a number of strands. It seeks to protect
existing airport assets where possible including airspace, ensure
there is a viable and robust case for the acquisition and operation
of a successful airport, and considers the wider development of an
economic cluster around the airport.
A formal competitive procurement process is progressing for a
provider to operate and develop the airport in accordance with the
aspirations of the Council and Region i.e., economic
regeneration, ensuring risks are mitigated and the contract is let
in a fair and transparent manner. Under the legislation the
specific process to deliver this agreement is the Competitive
Procedure by Negotiation (CPN).
Content
Award of a contract via the CCS RM6187 MCF3
(lot 4) to EY for specialist financial and commercial advice in
respect of the SYAC Project.
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 4 Dec 2023 |