Decision details

To advise Members of the outcome of the consortium tendering exercise and seek approval to the establishment of a risk management fund.

RESOLVED that

1)         the success of the tendering exercise be noted;

2)         a sum of £15,000 per year for the duration of the Insurance contract be set aside for risk management purposes; and

3)         authority be delegated to the Head of Financial, Revenues and Benefits Services, in consultation with the Risk Monitoring Group and the relevant Portfolio Holder, to utilise these monies.