Call in report for: GS Plus Ltd and GSS Ltd - Review of Direction of Travel

September 10, 2024 Overview & Scrutiny Call-in Sub-Committee, Cabinet (Committee) Approved View on council website

This summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.

Summary

...to continue the Council's trading companies GS Plus Ltd and GSS Ltd beyond 31 March 2025 under a new 10-year Strategic Partnering Agreement, while retaining responsibility for pension fund assets/liabilities.

Full council record
Purpose

Agreed
to the continuation of the Council’s trading
companies GS Plus Ltd and GSS Ltd beyond 31 March 2025, based on
the existing delivery model and governed by a new 10-year Strategic
Partnering Agreement to be developed and implemented by this
date.
 
Agreed
to retain the responsibility for the net assets /
liabilities from GSP’s membership of the RBG Pension Fund
(the pool is currently fully funded).

Content

Noted the decision of Cabinet
taken on 24 July 2024 and agreed to take no further
action

Supporting Documents

Call in report for GS Plus Ltd and GSS Ltd Review of Direction of Travel.pdf
Appendix B.pdf
Appendix A.pdf

Details

OutcomeRecommendations approved
Decision date10 Sep 2024