The report seeks approval of an increase to
the overall project budget from £6.2m to 7.5m. The increase
is attributed to a surge in construction cost inflation from
2020-21, which has disproportionately affected the UK construction
industry.
Decision type: Key
Reason Key: 2. Financial;
Decision status: For Determination
Notice of proposed decision first published: 11/10/2021
Decision due: Not before 9 Nov 2021 by Deputy Leader of the Council (Sustainable Growth and New Homes)
Lead member: Deputy Leader of the Council (Sustainable Growth and New Homes)
Lead director: Strategic Director: Resident Services
Department: Resident Services
Contact: Greg Wade, Capital Programme Manager, Strategic Programme Email: gwade@lambeth.gov.uk.