URL: https://moderngov.woking.gov.uk/ieDecisionDetails.aspx?ID=4323

Decision Maker: Executive

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: Yes

Purpose: To agree arrangements for the appointment of advisers.

Content: The Executive Resolved That  (i)    an extension be approved of the existing contractual arrangements between the Council and Tile Hill Interim and Executive Limited (from 28th February to 31st March 2027) for the provision of specialist support to the Council for the continued delivery of the Company Divestment Strategy and Asset Rationalisation Programme, taking into account the information in the Appendix 1 (in Part 2); and           (ii)   the Chief Executive is authorised to take all necessary steps to implement the decision in (i) above, including concluding negotiations to extend the specialist support provided via Tile Hill for the continued delivery of the Company Divestment Strategy and Asset Rationalisation Programme entering into any required contractual documents and issuing the relevant transparency notices. Reason: To enable the Council to continue to have access to specialist external support and expertise to progress the delivery of the Company Divestment Strategy and its own Asset Rationalisation Programme, upon which the Government’s debt relief for Woking is dependent.

Date of Decision: February 5, 2026