Issue - meetings

Elgan Roberts (Low Carbon Energy Programme Manager) to present the report (which has been circulated to members separately).

1.    That the Board approve the Outline Business Case for the Egni project subject to Bango University addressing the matters set out in the report, as described in Section 7, and recommend to the Economic Ambition Board that a Full Business Case is prepared for the Board to consider following the completion of the procurement process and the consenting processes.

2.    That the Board delegate final approval of the procurement strategy and the procurement specifications and social value criteria to be included by Bangor University in their procurement to the Portfolio Director in consultation with the Chair and Vice Chair.

3.    That the Board authorise the Portfolio Director in consultation with the Host Authority Section 151 Officer and Monitoring Officer to agree draft terms in accordance with this report as a basis for the final funding arrangements for the project which will form the basis of funding to be agreed by the Board at the Full Business Case stage.

The report was presented by Elgan Roberts (Energy Programme Manager) and Hedd Vaughan-Evans (Head of Operations).

RESOLVED

1.      That the Board approves the Outline Business Case for the Egni project subject to Bangor University addressing the matters set out in the report, as described in Section 7, and recommends to the Economic Ambition Board that a Full Business Case is prepared for the Board to consider following completion of the procurement and consenting processes.

2.      That the Board delegates final approval of the procurement strategy and the procurement specification and social value criteria to be included by Bangor University in their procurement process, to the Portfolio Director in consultation with the Chair and Vice Chair.

3.      That the Board authorises the Portfolio Director in consultation with the Host Authority's Section 151 Officer and Monitoring Officer to agree draft terms in accordance with this report as a basis for the final funding arrangements for the project, which will determine the funding to be agreed by the Board at the Full Business Case stage.

REASONS FOR THE DECISION

To seek the Portfolio Board’s approval of the Outline Business Case for the Egni project.

DISCUSSION

The item was discussed.