Decision details

RESOLVED:

1.     To enter into an Agreement for a Deed of Modification followed by a Deed of Modification as set out in the submitted report.

2.     To authorise the terms contained in the Deed of Modification that have been agreed in principle between the professional representatives.

3.     To delegate authority to the Director of Economy, Growth and Commercial, in consultation with the Cabinet Member for Place to agree any further variation pricing up to 5%. 

Reasons for decisions:

It is recommended that Surrey County Council proceeds with the proposed Deed of Modification, on the basis that best value to Surrey County Council will have been obtained in compliance with its statutory undertakings under Section 123 of the Local Government Act 1972.