Issue details

Insurance tender as over £750k

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: An annual expenditure of less than £250,000, but has a total contract value over the lifetime of the contract of over £750,000;

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

Decisions

Agenda items

Documents

  • Cabinet report