Issue - meetings

This report presents the capital monitoring position at Quarter 3 for the current financial year 2022/23.

The Committee received a report presenting the capital budget monitoring position at Quarter 3 for the current financial year 2022/23.

The following matters were considered:

a)              Replacement lamp columns. A Member of the Committee asked for further information as to why only 1 of the 6 contractors contacted regarding the works had submitted a tender and it was noted that officers would provide an update following the meeting.

b)              Plan-E Marketplace. The Chair asked for an update on outstanding works for the Plan-E marketplace project. The Chief Accountant informed the Committee that there were still outstanding works due to be undertaken by Surrey County Council and confirmed that payment would not be made until the works had been completed.

Following consideration, the Committee unanimously resolved to:

(1)        receive the capital monitoring position at Quarter 3 (to 31 December 2022), as set out in the report;

(2)        note the progress of capital projects as set out in Appendix 1 of the report.