Snetterton Electricity Power Upgrade Project
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
To accept an offer of additional funding from
the Norfolk Business Rates Pool to offset increased project
Cabinet Recommends to Full Council to accept and spend of a Norfolk Business Rates Pool (BRP) grant value uplift of £156,541, from £782,706 to £939,247, in order to support with the delivery of a power distribution solution for the Snetterton Heath employment area, be approved.
Reasons for the decision:
Acceptance of the additional grant funding supports the completion of the new 11kV Distribution Ring at the earliest possible date, estimated at Autumn 2020, whilst maintaining an adequate level of project budget contingency.
Delaying the work on the new distribution ring could potentially jeopardise a number of development projects at Snetterton Heath which are currently in negotiation.
Alternative options considered:
1) Proceed as per the report recommendations (recommended). Under this option, the authority will accept the additional £156,541 of grant funding from Norfolk Business Rates Pool so that the Distribution Ring works can proceed.
2) Do not accept the additional BRP funding (not recommended). Under this option, the authority will have the budget to deliver the substation but not the distribution ring. This would undermine the ability of the project to deliver its overarching stated aims, which are to support with power distribution to and around the Snetterton Heath employment area.
Report author: Robert Campbell
Publication date: 14/10/2019
Date of decision: 14/10/2019
Decided at meeting: 14/10/2019 - Cabinet
Effective from: 22/10/2019