ADD279 Royal Docks Infrastructure Investment Plan and Outline Business Case
The Mayor of London and the Mayor of Newham’s shared aspiration is to transform the Royal Docks, containing London’s only designated Enterprise Zone (EZ), into the capital’s next business district. The Greater London Authority (GLA), London Borough of Newham (LBN) and Transport for London (TfL) are seeking to commission a consultant team to establish an economic narrative for the development of the Royal Docks, a comprehensive infrastructure investment delivery plan, and develop an Outline Business Case for investment into infrastructure provision and other strategic interventions that will accelerate regeneration of the Royal Docks and maximise jobs, economic growth and business rates income over the 25 years of EZ status.
The costs of the commission will be split equally between the GLA Group and LBN. This decision seeks approval for a GLA financial contribution of up to £25,000 in 2015/16 from the GLA’s Housing and Land budget towards the costs of commissioning consultancy services for the project, which has a total cost of £80,000 (exc. VAT). TfL Procurement will manage procurement of the consultant team through a competitive process.