MOVED, SECONDED and RESOLVED that Mayor and Cabinet:
1. Approve the contract award for a five-year term to Youth First for the delivery of the Adventure Playground Play Service for a period of five years from 1 September 2024, with the option to extend for a further two years. Total maximum value of the contract over the seven-year period is £1,386,000.
2. Approve the contract award to London Play Design for the delivery of the Adventure Playground Site Maintenance and Development Service for a period of five years from 1 September 2024, with the option to extend for a further two years. Total maximum value of the contract over the seven-year period is £360,107.
3. Authorise the disposal by way of seven-year lease on a non-repairing basis to Youth First, the selected provider for APG Play service, the open space at Home Park APG, Honor Oak APG and Ladywell Fields APG in accordance with section 123(2A) Local Government Act 1972. The grant of leases for Home Park and Ladywell Fields will be at a peppercorn rent while Honor Oak APG being leased on annual rent of £1,500, subject to any increases in rent by the freeholder, Network Rail. There will be break and termination provisions, enabling the leases to be terminated if the contract is not extended or is terminated early for breach.