Decision - Madeira Terrace Procurement Update

Brighton and Hove Cabinet Decided 12 Aug 2024 · effective 20 Aug 2024 approved Key decision GET /api/coverage

Decision maker

Cabinet

Report author

Katharine Pearce

Published

12 Aug 2024

Reference

7273

As published

the council's own words, unedited

This report seeks agreement to progress the first phase of the restoration of Madeira Terrace and agree additional budget.

1) Cabinet agreed an additional £3.0m budget to be included within the general fund Capital Investment Programme to complete the Phase 1 Madeira Terrace Project. 2) Cabinet delegated authority to the Corporate Director – City Services to take all steps necessary to procure and appoint a Construction Partner for the Phase 1 Madeira Terrace Project as outlined in the body of the report.

Parsed from the document

gpt-5.6-luna-2026-07-09 · 4528/1557 tokens · 12876ms · parsed 9 Sep 2026 15:21

Everything below was read out of a PDF by a model It is useful and it is not authoritative. The document it came from is linked in the rail, and where the two disagree the document is right.

The report proposed increasing the budget for Phase 1 of the Madeira Terrace restoration so that 28 arches and a new accessible lift can be delivered. Cabinet was asked to approve an additional £3.0m and delegate authority to appoint a construction partner following procurement.

Recommendation

Cabinet agrees an additional £3.0m budget within the general fund Capital Investment Programme and delegates authority to the Corporate Director – City Services to procure and appoint a Construction Partner for the Phase 1 Madeira Terrace Project.

Financial impact

An additional £3.0m capital budget is requested. Additional borrowing would create estimated financing costs of £127,900 based on a 50-year repayment at an estimated 3.5% interest rate.

Ward affected

city-wide

Decision maker

Cabinet

Date in document

12 Aug 2024

Stakeholders named

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Brighton & Hove City Councillocal residentslocal businessesHistoric EnglandVictorian Societyfuture funders and contractorsheritage organisationsthe project professional teamthe preferred bidder

Next steps

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Include the additional £3.0m in the general fund Capital Investment Programme.
The Corporate Director – City Services will take the necessary steps to procure and appoint a Construction Partner.
Complete negotiations and agree the final contract price and scope with the preferred bidder.
Continue seeking additional funding, including the Historic England grant.
Continue engagement with local residents, businesses and community forums.

Precedents

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