Purpose

The Council needs to secure an approved audit
firm to carry out the review of our housing pooled capital receipts
return for 2022/23, which needs to be concluded this month.
 
This service has been provided by Grant
Thornton in the past and the Council has an established
relationship with them for this work. Grant Thornton have provided
a fixed quote of £10,000. Alternative procurement options
have been sought but would not enable the work to be completed
within the required
timeframe.
 
A decision has been made to waive the market
testing element of contract standing orders to contract Grant
Thornton as they are familiar with the work, and can complete it in
the time required avoiding a delay which could lead to a financial
loss.

Decision

To waive the market testing element of
contract standing orders to contract
Grant Thornton.
 
Reason:
To carry out the review of our housing pooled
capital receipts return for 2022/23 as they are familiar with the
work, and can complete it in the time required avoiding a delay
which could lead to a financial loss.