The Head of Financial Services has submitted a report provides an update on the current position in respect of external auditor procurement.

Recommendation(s):

That the Housing Group Shareholder resolves to:

1.       note the appointment of Mazars LLP as external auditors for the Oxford City Housing Group.

The Head of Financial Services (s151 Officer) presented this item.  He reminded the Shareholder that the appointment of external auditors was a reserved matter within the Shareholder Agreement and that in December 2017 he had been given delegated authority to award the contract.

He assured the Shareholder that, despite the “cut and paste” aspects of the bid submission, he was satisfied that overall Mazars were best placed to act as external auditors to all of the Council’s subsidiary companies including the Housing Group.

The Shareholder resolved to note the appointment of Mazars LLP as external auditors for the Oxford City Housing Group.

The Oxford City Council’s S151 Officer (Head of Financial Services) will present this item.

Recommendation(s):

That the Company’s Shareholder resolves to:

Delegate the award of the contract for the provision of external audit services for the Housing Group to Oxford City Council’s S151 Officer (Head of Financial Services).

The Council’s Head of Financial Services (s151 Officer) presented this item and referred the Shareholder to the report which had been circulated.  He said that the appointment of external auditors was a reserved matter within the Shareholder Agreement and explained that to facilitate the 2017/18 audit it was necessary to procure an external audit service for all the Council’s owned or jointly owned companies including the Housing Group.

The Shareholder resolved to:

Delegate the award of the contract for the provision of external audit services for the Housing Group to Oxford City Council’s Head of Financial Services (S151 Officer).