Issue - meetings

Insurance Contract

Meeting: 22/11/2018 - Cabinet (Item 37)

37 Insurance Contract pdf icon PDF 131 KB

To receive the report of the Cabinet Member for Finance and Assets

Decision:

RESOLVED

 

That the award of the insurance contract be delegated to the Director of Resources in conjunction with the Cabinet Member for Finance and Assets.

 

REASONS

The Council is going out to joint tender with several other local authorities and therefore needs to be able to meet their tendering timescales. The councils are due to make the contract award on 14 January 2019.

 

It would not be possible for the Council to make the contract award in time for commencement of the contract without using the Delegated Authority route.

 

Minutes:

The Cabinet Member for Finance and Assets reported that the Council’s insurance contract was due to expire on 1st April 2019.   

 

It had been determined that the best option for a new contract would be to undertake a joint tender exercise in conjunction with a number of other local authorities, with a view to achieving financial savings and benefits from representing a larger share of the market.  

 

The tender process would be managed by the East Sussex Procurement Hub and, in order to meet the timescales in implementing a new contract, Cabinet was recommended to delegate the authority for its award to the Director of Resources in consultation with the Cabinet Member for Finance and Assets.

 

RESOLVED

 

That the award of the insurance contract be delegated to the Director of Resources in consultation with the Cabinet Member for Finance and Assets.

 

REASONS

The Council is going out to joint tender with several other local authorities and therefore needs to be able to meet their tendering timescales. The councils are due to make the contract award on 14 January 2019.

 

It would not be possible for the Council to make the contract award in time for commencement of the contract without using the Delegated Authority route.