Issue - meetings

To consider a report of the Director of Economy, Transport and Environment regarding an opportunity to reduce the cost of managing Hampshire's streetlighting network through varying the street lighting Private Finance Initiative to replace high-power lamps with LEDs. The report seeks approval to vary the PFI Project Agreement to facilitate this change in apparatus maintained through the PFI, and to procure and spend £3.2million on replacing 12,000 (approx.) high-power lamps with more energy efficient LEDs.