Issue - meetings

1.            To note and approve the proposed procurement strategy for tendering the Councils insurance requirements and allied engineering inspection services, commencement of this formal tender process, intended compliance with the Public Contract Regulations and the need to seek suitable authority on a sovereign basis to award the contract after evaluation. Estimated contract award for all lots, based on 2023/24 premiums is £20M over a period of 5 years.

2.            To note that due to the likely contract value the award to be returned to Cabinet for approval.

Councillor Rowan Ree introduced the report proposing a tender to put in place appropriate insurance cover for the Council and its residents, achieve financial efficiencies in the process of arranging the cover and to carry out appropriate section 20 consultation and liaison with the Council’s leaseholders to ensure they are appropriately insured and recharged.

AGREED UNANIMOUSLY BY THE CABINET MEMBERS:

1.            To note and approve the proposed procurement strategy for tendering the Councils insurance requirements and allied engineering inspection services, commencement of this formal tender process, intended compliance with the Public Contract Regulations and the need to seek suitable authority on a sovereign basis to award the contract after evaluation. Estimated contract award for all lots, based on 2023/24 premiums is £20M over a period of 5 years.

2.            To note that due to the likely contract value the award to be returned to Cabinet for approval.