Decision details

Quantum Technologies Innovation Centre (QTIC+)

Decision Maker: Chief Executive, West of England Combined Authority

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

The business case for the QTIC+ project, which will sit within the CM1 building in the Temple Quarter Enterprise Campus, was conditionally approved with funding of £34.974m to the University of Bristol (UoB) in October 2019.

 

Owing to delays with the project, a review of the business case was requested by the Combined Authority Committee, and at their meeting in September 2022 the approval of the updated Full Business Case and formalising a set of staged payments linked to delivery of the project was delegated to the Combined Authority Chief Executive in consultation with the Chief Executives of the constituent Councils.

 

Decision:

To approve the updated QTIC+ full business case and the award of £34.974m to the project being £34,911,050 to University of Bristol and £62,950 for the due diligence costs incurred by the Combined Authority.

 

Reasons for the decision:

The business case for the QTIC+ project, which will sit within the CM1 building in the Temple Quarter Enterprise Campus, was conditionally approved with funding of £34.974m to the University of Bristol (UoB) in October 2019.

 

Owing to delays with the project, a review of the business case was requested by the Combined Authority Committee, and at their meeting in September 2022 the approval of the updated Full Business Case and formalising a set of staged payments linked to delivery of the project was delegated to the Combined Authority Chief Executive in consultation with the Chief Executives of the constituent Councils.

 

Alternative options considered:

No other options were considered given the specific delegation in place.

Publication date: 20/02/2023

Date of decision: 23/12/2022

Accompanying Documents: