THE final business case for the North Quays project has been submitted for Cabinet approval, Thursday’s Plenary meeting heard.
According to the Manager’s Report, the returned tender for the North Quays main construction contract, which includes the construction of the Sustainable Transport Bridge and the transport hub and access roads, has been assessed by the Project Assessment Board. The final business case and the assessment board’s recommendations have been submitted to Department of Housing Local Government and Heritage for cabinet approval as part of the Public Spending Code Gateway 3 approval.
With this in mind, Cllr Joe Kelly (Ind) asked if any indication could be given on the time frame.
Director of Economic Development & Planning, Michael Quinn said a business case had been submitted to the Department of Housing for consideration. Assuming there are no issues, a memo for Cabinet is drafted.
In the meantime, Waterford City and County Council is in active dialogue with potential developers, the Ireland Strategic Investment Fund (ISIF) and the Land Development Agency in respect of the North Quays SDZ site and intends to progress a proposal to conclusion in the coming months.
Rock stabilisation works above Plunkett Railway Station and the South Plaza enabling works are ongoing. David Walsh Civil Engineering has been appointed for the relocation of Ferrybank pump station, and works are due to commence in the coming weeks. The tender for the pump station enabling works contract is currently being assessed by Roughan O’Donovan Consulting Engineers. In response to Cllr Pat Fitzgerald (SF), Mr Quinn clarified that the pump station was being moved to a site immediately adjacent. With the overall cost being covered by a combination of the Council, Irish Water and URDF funding, CEO Michael Walsh added that the majority of the cost would be covered by Irish Water.