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Insurance Services Contract

Meeting: 01/07/2019 - Strategy and Resources Scrutiny Committee (Item 39)

39 Insurance Services Contract pdf icon PDF 215 KB

Minutes:

Matter for Decision

The existing Insurance Services contract is due to expire 31 March 2020, the Executive Councillor’s approval was sought to re-tender the service in accordance with the Council’s Contract Procedure Rules.

 

Decision of Executive Councillor for Finance and Resources

i.  Authorised officers to undertake the re-tendering and award of the Council’s Insurance Service contract for an initial 3 years to 31 March 2023 with the Council’s option to extend the contract for a further period up to 2 years to 31 March 2025, subject to the preferred tender price being with 10% or less of the approved budget and if necessary to seek the approval of the Strategic Director to any additional expenditure. 

 

ii.  Authorised officers to review the Local Government Mutual offering to establish if this is a viable alternative to the traditional insurance arrangements, the review will also include the Local Government procurement arrangements as the Local Government Mutual will not participate in a formal tender exercise.

 

Reason for the Decision

As set out in the Officer’s report.

 

Any Alternative Options Considered and Rejected

Not applicable.

 

Scrutiny Considerations

The Committee received a report from the Head of Finance.

 

The Committee unanimously resolved to endorse the recommendations.

 

The Executive Councillor approved the recommendations.

 

Conflicts of Interest Declared by the Executive Councillor (and any Dispensations Granted)

No conflicts of interest were declared by the Executive Councillor.