ALBERT GUBAY BUSINESS SCHOOL, BANGOR UNIVERSITY, OUTLINE BUSINESS CASE
Stuart
Whitfield, Digital Programme Manager, to present the report.
Decision:
The Outline
Business Case (OBC) was approved for the Albert Gubay Business School, subject
to the Welsh Government and UK Government's approval of the assurance process
undertaken, and Bangor University addresses the matters set out in the report,
as described in Section 7, and request that a Full Business Case is prepared
for the Sub-committee's consideration.
To
authorise the Portfolio Director in consultation with the Chair, the
Vice-chair, the Section 151 Officer and the Monitoring Officer to agree on
draft terms in accordance with this report as a basis for the final funding
arrangements for the project to be committed subject to Full Business Case
approval.
To confirm
that the Sub-committee's approval is valid for a period of six months, and
should the project not proceed to an approved Full Business Case during this
time, it will be required to return and represent the business case to the
Sub-committee for approval.