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39 Insurance Services Contract 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.