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.
Decision type: Key
Reason Key: Contractual obligation with a value of £750,000 or above;
Decision status: Recommendations Approved
Notice of proposed decision first published: 30/06/2021
Decision due: 29 Jul 2021 by Cabinet
Lead member: Councillor David Saunders, Cabinet Member for Finance cllr-david.saunders@thanet.gov.uk
Lead director: Tim Willis
Contact: Clive Bowen tel: 01843 577225 Email: clive.bowen@thanet.gov.uk.
What the decision will mean: Allow the Council to procure a contract with an insurer to provide insurance services for 5+2 years