Decision details

RESOLVED

i)             That, given the estimated savings and the flexible procurement strategy, it was recommended that the Council continue its arrangement with LASER and participate in the framework contract for the 4 year period from 1 October 2020 to 30 September 2024.

Reasons for Recommendations

1.            LASER benchmarks its purchasing performance each year and shares this information with its customers. This benchmarking exercise indicates that LASER has been able to deliver prices to customers at 4.6% below the market average over the last 4 years.

2.            Government policy recommends that to spread market risk, and avoid buying during periods of peak market pricing, “all public sector organisations adopt aggregated, flexible and risk-managed energy procurement” as provided under the LASER framework.

3.            LASER offers full flexibility to secure energy In line with the Council’s policy to reduce its carbon footprint