Decision details

Ash Road Bridge Scheme - Section 278 Agreement Bond Indemnity

Decision Maker: Joint Executive Head: Regeneration and Planning Policy

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Decision:

To enter into an indemnity agreement with the Surety (HCC International Insurance Company plc (‘HCC’)).

Reasons for the decision:

HCC require the Council to enter into this indemnity agreement in return for HCC acting as surety and entering into the Section 278 highways agreement with the Council and Surrey County Council in relation to the Section 278 highway works forming part of the Ash Road Bridge Scheme.

Note: decision is not for call-in; call-in waived by Chairman of the O&S Committee by email dated 8 March 2023.

Alternative options considered:

None.

Publication date: 15/05/2023

Date of decision: 11/05/2023