Decision Maker: North Wales Economic Ambition Board
Decision status: Approved
Is Key decision?: No
Is subject to call in?: No
1. To approve the Outline
Business Case for the Enterprise Engineering & Optics Centre project
and, subject to Welsh and UK Government approval of the assurance process
undertaken, Wrexham Glyndŵr University (WGU)
addressing the matters set out in the report, as set out in Section 7 request
that a Full Business Case is prepared for the Board to consider following the
completion of the procurement process and the consenting process.
2.
To
note that approval of the OBC will act as approval of the change request in
relation to match funding from Wrexham Glyndwr University. As a result of approving recommendation 1, to
note that there is a requirement to notify Welsh and UK Government of the
change agreed.
3.
To
accept the recommendation of the Portfolio Management Office and the Portfolio
Board that any future approval of the Full Business Case be conditional upon
Wrexham Glyndŵr University still delivering the
original scope of the project and directly investing the same total amount in
North Wales as was originally agreed even though it cannot be accounted for as
part of this Growth Deal project.
4.
To
delegate to the Portfolio Director final approval of the procurement
specification and social value criteria prior to the project sponsor commencing
procurement.
5.
To
note that the final funding arrangements for the project which will form the
basis of the Grant Offer Letter will be agreed at the Full Business Case stage
and authorise the Portfolio Director, in consultation with the Host Authority
Section 151 Officer and Monitoring Officer, to agree draft terms for approval
by the Board.
Publication date: 29/04/2022
Date of decision: 29/04/2022
Decided at meeting: 29/04/2022 - North Wales Economic Ambition Board