Issue - meetings

This report concerns the award of a contract for the purchase and management of future bike hangars and the transfer of the management and maintenance of current bike hangars.

Cabinet RESOLVED:

1)          To approve the award of a contract for the purchase and management of future bike hangars and the transfer of the management and maintenance of current bike hangars to Lock It Safe Ltd for an initial contract period of three (3) years, with an option to extend for up to a further two (2) years on an annual basis.

2)          To note that the value of the contract referred to in section 2.1 of the report was estimated to be £90,000 for year 1 but that this value may increase if further funding was made available through S106 developer funding and Transport for London Local Implementation Plan funding in future years.

As a result of Councillor Krupa Sheth (Cabinet member for Environment, Infrastructure and Climate Action) having submitted her apologies for the meeting Councillor Muhammed Butt (as Leader of the Council) introduced a report outlining the procurement process and recommended award of a contract for the purchase and management of future bike hangers and transfer of the management and maintenance of current bike hangers.

In considering the report, Cabinet noted the progress made in the supply and installation of bike hangers alongside the increasing level of demand across the borough, with the procurement process outlined within the report having been designed to increase supply whilst standardising annual costs for future and existing bike hanger users.

Having considered the report Cabinet RESOLVED:

(1)    To approve the award of a contract for the purchase and management of future bike hangars and the transfer of the management and maintenance of current bike hangars to Lock It Safe Ltd for an initial contract period of three (3) years, with an option to extend for up to a further two (2) years on an annual basis.

(2)    To note that the value of the contract referred to in (1) above was estimated to be £90,000 for year 1 but that this value may increase if further funding was made available through S106 developer funding and Transport for London Local Implementation Plan funding in future years.