Purpose

Procurement of energy supplies

Content

RESOLVED
 
That Cabinet:
 

(a) 
Resolve to continue as a participating authority in a tripartite
contract with the LASER Energy Buying Group and enters into a
‘purchase in advance’ contract for a minimum of 1 and
maximum of 2 years with effect from 1 October 2024, with the
inclusion of the data and reporting bureau service.

(b) 
Delegate authority to the Divisional Manager for Property and
Growth in consultation with the Cabinet Member for Property and
Regeneration to extend the contract into the second year, with
effect from 1 October 2025, if required.(c) Note that a further
report will be brought to Cabinet from officers on completion of a
full assessment of the options to procure energy in a way that is
likely to lead to greenhouse gas emission reductions from
CDC’s energy use.