The Cabinet had before it a *report of the Director of Finance, Assets and Resources advising Members on the results of the procurement of insurance services.
The Cabinet Member for Finance outlined the contents of the report stating that the authority had procured a new contract for insurance services in conjunction with other local authorities and explained the tender process; by working in partnership with other authorities savings had been identified.
RESOLVED that contracts be awarded as follows for a period of 3 years with the option to extend for a further 2 plus 2 years:
Supplier 4: Lots 1 and 2
Supplier 1: Lot 3
Supplier 3: Lots 4 and 5
(Proposed by Cllr P H D Hare-Scott and seconded by Cllr Mrs M E Squires)
Note: *Report previously circulated, copy attached to minutes.