Approve the procurement of a contract for parking suspension system as set out in this strategy. The term of the contract will be for five (5) years starting 1st September 2021, with the option to extend for two separate periods of two (2) years each at an annual value of approximately £100,000, making a total of £500,000 over 5 years or £900,000 if the extensions are fully utilised over the 9 year period.