PORT OF MOSTYN UPGRADE PROGRAMME, BUSINESS JUSTIFICATION CASE+
David Mathews,
Land and Property Programme Manager, to present the report.
Decision:
The Business Justification Case (BUSINESS JUSTIFICATION CASE+) was
approved for the Port of Mostyn Upgrade Programme, subject to the Welsh
Government and UK Government's approval of the assurance process undertaken.
The Portfolio Director, in consultation with the Chair, the Vice-chair,
the Section 151 Officer and the Monitoring Officer, was delegated to confirm
the final post-procurement benefits and costs, in accordance with the approved business case
and enter into a funding agreement with Port of Mostyn Ltd for the delivery of
the project, subject to the Port addressing the outstanding issues in section 7
of the report and securing all necessary internal approvals for the project.
To confirm that the approval from the Sub-committee is valid for a period
of six months and should the project not proceed to a signed funding agreement
during this time, it will be required to return and re-submit the business case
to the Sub-committee for approval.
Minutes:
The report
was presented by David Mathews, Land and Property Programme Manager.
RESOLVED
To approve the Business Justification Case (BUSINESS JUSTIFICATION
CASE+) for the Port of Mostyn Upgrade Programme, subject to the Welsh
Government and UK Government's approval of the assurance process
undertaken.
To delegate the right to the Portfolio Director in consultation with the
Chair, the Vice-chair, the Section 151 Officer and the Monitoring Officer to
confirm the final post-procurement costs and benefits, in accordance with the
approved business case and enter into a funding agreement with Port of Mostyn
Ltd for the delivery of the project, subject to the Port addressing the
outstanding issues in section 7 of the report and securing all necessary
internal approvals for the project.
To confirm that the approval from the Sub-committee is valid for a period
of six months and should the project not proceed to a signed funding agreement
during this time, it will be required to return and re-submit the business case
to the Sub-committee for approval.
REASONS FOR THE DECISION
It was
noted that the Sub-committee's approval was required for the Business
Justification Case+ for the Port of Mostyn Upgrade project.
It was
explained that the BUSINESS JUSTIFICATION CASE+ was being submitted to the
Sub-committee on 5 December prior to completing the procurement due to a
commercial requirement to appoint contractors to move in January 2026 and start
Phases 1 and 2 of the work in February.
DISCUSSION
The Report
was discussed.