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.