Purpose

In accordance with the treasury management
practices adopted by full council in March 2024, a tender process
was run by the Council’s treasury advisors Link Asset
Services, to obtain lease financing to purchase horticultural
assets. The Council is now in a position to award the contract to
the preferred bidder as set out above.

Content

To award a contract to Triple Point Leasing
Partners at a total value of £145,144.05 over 5 years, and
that under Article 14.05 of the Council's Constitution this
contract is to be awarded under seal.

Alternative options considered

Option 1 - See Separate Report
Option 2 -
Option 3 -