Purpose

This report seeks the approval
of the Director of Finance and Section 151 Officer to disburse
grant in aid (GiA) of £3m from the Environment Agency (EA)
towards the West Kirby Flood Alleviation Project and to approve the
necessary purchase orders to vary the council’s construction
contract with Volkerstevin Ltd up to a maximum value of
£17,273,533.  The recommendations
require an urgent decision under Section 4 of the Constitution as a
matter outside of the council’s budget policy framework,
because there is an urgent need to make immediate contractual
payments.
 

Decision

The
Director of Finance (Section 151 Officer), has accepted additional
grant in aid (GiA) of £3m from the Environment Agency (EA)
and authorised with immediate effect that this be included in the
council’s Capital Programme for defrayment solely upon the
West Kirby Flood Alleviation Project. 
The Section 151 Officer also decided to approve the necessary
purchase orders to vary the council’s construction contract
with Volkerstevin Ltd with immediate effect, up to a maximum
contract sum of £17,273,533, subject to certificates issued
by the independent contract Project Manager.