Another Project Gigabit modification this time with additional premises and therefore a slightly increased value.
Quickline was awarded the Project Gigabit contract for North Yorkshire and the original value was £73.5 million, it subsequently increased in value to £75,580,000 and has now increased again to £76,850,907.
The latest increase adds 1,323 premises to the initial scope of the contract, but this is partially balanced out by the remove of 640 other premises that were in the initial scope part of the original contract. Looking further into the contracts life some 6,400 deferred premises have also been removed from the contract.
We presume the removals are the usual mixture of discovering some addresses are much harder to connect than originally thought, or have had a commercial service rolled out to them already or will do shortly.
The Project Gigabit contracts have long life spans, with this contract set to run out in June 2035. The eleven years comprises of a build phase of 4 years and then seven years of monitoring and clawback. Clawback is something people may recall from the Superfast contract period, and means if take-up reaches commercial levels that some money is returned to the public purse. In the case of the Superfast contracts these monies were often recycled and meant the projects reached further than originally planned and in many cases started to embrace full fibre rather than part-fibre.
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