Purpose

To seek approval of an increase
to the strategic framework contract value.
 

Content

That Cabinet:

1.     
Noted the successful implementation of the strategic finance
partnership arrangements.

2.     
Authorised the Head of Financial Management / Deputy s151 Officer
in consultation with the Director of Finance and Cabinet Member
City Economy, Finance and Performance to vary and award the
contract amendment necessary for the implementation of the ongoing
existing strategic finance partnership, in-line with the
procurement routes and maximum budget envelopes outlined in this
report.

3.     
Approved the procurement of a new 3 +1 +1 year contract for a
financial strategic partnership, using an appropriate route to
market as advised by Strategic Procurement, at a cost not exceeding
£1 million p.a., total maximum cost of £5 million over
5 years.

4.     
Authorised the Head of Financial Management / Deputy s151 Officer
in consultation with the Cabinet Member City Economy, Finance and
Performance to take all steps required to procure and award the
contract and to enact extensions as required, within the maximum
budget envelope outlined in this report.

5.     
Authorised the Head of Procurement & Contract Management to
approve appropriate procurement routes to market where these are
not yet fully defined, or if changes to procurement routes are
subsequently required.