Decision details

Transformation Project - Future of TOR2 Services

Decision Maker: Interim Chief Executive of Torbay Council

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No


That Torbay Council does not purchase Kier Groups shares in TOR2 at this time to allow further due diligence to be undertaken.


Reasons for the decision:

To enable further due diligence to be undertaken. The Elected Mayor and Group Leaders will be kept updated as the due diligence continues

Alternative options considered:

No other alternatives/options have been considered regarding this decision at this time.



This decision will be implemented immediately.


The decision taken by full Council on Thursday 21 June 2018 authorised the Chief Executive to undertake a due diligence exercise to facilitate the possible acquisition of Kier Group’s shareholding in TOR2.


Interests and Nature of Interests Declared:


Publication date: 20/11/2018

Date of decision: 20/11/2018