Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Authority was granted for the Council to enter into a new contract for insurances that is within the approved budget. Cabinet approval was required because the contract value is in excess of £750k.
Cabinet agreed to letting of the contract for insurance services as laid out in the Cabinet report.
The Council is required to ensure best value for money when procuring its contracts and as such the Council is required to re-procure its insurance contract before the insurance renewal date of January 2022.
To not procure a new contract, which could mean increased costs to remain with the current insurer and potential challenge from other insurers in the market.
Report author: Clive Bowen
Publication date: 30/07/2021
Date of decision: 29/07/2021
Decided at meeting: 29/07/2021 - Cabinet
Effective from: 07/08/2021