Decision details

Having considered a confidential officer report, and a presentation by the

Cabinet Member for Finance & Resources, Councillor Amanda De Ryk, the

Mayor and Cabinet for the reasons set out in the report and by a

vote of 10-0:

RESOLVED that:

(1) the current process to renew the annual policies within the existing Long

Term Agreements be approved if in the reasonable opinion of the Executive

Director for Corporate Services it can be demonstrated that this represents

value for money (VFM) in the current market;

(2) the procurement of new Long Term Agreements for the Council’s

insurances be approved in the event that renewal on a VFM basis is not

possible; and

(3) the award of the LTAs to the successful insurer(s) be delegated to the

Executive Director for Corporate Services in the event that a new

procurement has been necessary.