Decision details

Amendment to the Financial Regulations and Procurement Contract Procedure Rules

Decision Maker: Executive, Council

Decision status: For Determination

Is Key decision?: No

Is subject to call in?: No

Purpose:


To consider the report on the amendment to the Contract Procedure Rules in the Constitution.

Decision:

Agreed:

 

RECOMMENDED that Council:-

 

(1)  approve the revised Financial Regulations in Appendix A of the report;

(2)  increase the spend threshold at which Officers are required to obtain three quotes from £10,000 to £25,000;

(3)  increase the spend threshold at which Officers are required to go out to tender from £50,000 to £100,000; and

(4)  approve the revised Procurement and Contract Procedures in Appendix B of the report.

 

Reason for Decision: As set out in the report.

 

 

 

 

 

Report author: Chanelle Busby

Publication date: 05/04/2023

Date of decision: 04/04/2023

Decided at meeting: 04/04/2023 - Executive

Accompanying Documents: