Summary of Decision
The Cabinet Member has approved the contract award of a JCT IBC contract for refurbishment works at 14-20 Orange Street (incorporating 33/35 Whitcombe Street), London, WC2 7EF to Neilcott Construction Limited for £2,201,927.20.
Reasons for Decision
14-20 Orange Street is owned freehold although the interconnected lower ground and ground floor of 33/35 Whitcombe Street are held on a 999-year peppercorn lease from January 2001. The property was acquired by WCC in January 2018 for £15,000,000.
The refurbishment works are required for two primary purposes: the need to address various compliance issues that are the responsibility of the landlord; and to improve the standard of finishes and tenant services which are dated and an impediment to future letting of the vacant space.