Decision details

Manston Airport CPO potential indemnity partner

Decision Maker: Cabinet

Decision status: Recommendations approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

To begin a soft-market testing exercise to identify any potential indemnity partners.

Decision:

Cabinet agreed to a soft market testing exercise being undertaken and instructed the Director of Corporate Governance to carry out the exercise.

Reasons for the decision:

To gauge the level of interest in the market for becoming an indemnity partner in a structured way.

Alternative options considered:

The alternative was not to undertake the exercise.

Publication date: 11/12/2015

Date of decision: 10/12/2015

Decided at meeting: 10/12/2015 - Cabinet

Effective from: 19/12/2015

Accompanying Documents: