Increase in Contract Contingency for Head Contractor - Alexandra Canal Depot

14/05/2018 - Increase in Contract Contingency for Head Contractor - Alexandra Canal Depot

It is resolved that:

(A)      Council approve increasing the existing contract contingency as outlined in the report;

(B)      Council approve the increase in the overall project budget as outlined in the report;

(C)      Council approve the transfer of funds from the Capital Works Contingency to this project as set out in Confidential Attachment A to the subject report; and

(D)      authority be delegated to the Chief Executive Officer to negotiate, execute and administer any documentation required for the purpose of effecting the increase to the contract contingency referred to in (A) above.

Carried unanimously.