Lead Member: Councillor Ed Turner, Board Member for Finance and Asset Management.

The Head of Financial Services submitted a report to seek delegated authority for the Head of Financial Services to award contracts for the supply of insurance services.

Recommendation: That the City Executive Board resolves to:

1          Delegate authority to the Head of Financial Services to award a contract for the provision of insurance services to Oxford City Council from 1st January 2018 for a period of 3 years with an option to extend for up to 2 years.

2          Delegate authority to the Head of Financial Services to negotiate the extension of insurance cover to the Council in respect of the functions to be undertaken by the Oxford Direct Services companies in the event of the companies not being operational by 1st January 2018.

The Head of Financial Services submitted a report to seek delegated authority for the Head of Financial Services to award contracts for the supply of insurance services.

The Head of Financial Services spoke to the report  and said tenders had been received and were being evaluated.

The City Executive Board resolved to:

1          Delegate authority to the Head of Financial Services to award a contract for the provision of insurance services to Oxford City Council from 1st January 2018 for a period of 3 years with an option to extend for up to 2 years.

2          Delegate authority to the Head of Financial Services to negotiate the extension of insurance cover to the Council in respect of the functions to be undertaken by the Oxford Direct Services companies in the event of the companies not being operational by 1st January 2018.