Report of the Head of Finance (attached).

The purpose of the report is to recommend project approval and award of the contract to Tenderer B for the supply of insurance services to the Council.

Recommendations

The Board is asked to:-

(1)   Grant project approval for the supply of insurance services to Oxford City Council and award the contract to Tenderer B from 1^st January 2013 for a period of 3 years, with an option to extend for 1 year plus 1 year;

(2)   Agree the changes to excesses outlined in paragraphs 4.4 to 4.5 of the report.

The Head of Finance submitted a report (previously circulated, now appended) which recommended project approval and award of contract for the supply of insurance services to the Council to Tenderer B.

Resolved to:-

(1)   Grant project approval for the supply of insurance services to oxford City council, and award the contract to Tenderer B from 1^st January 2013, for a period of 3 years, with an option to extend for 1 year plus 1 year;

(2)   Agree the changes to excesses outlined in paragraph 4.4 to 4.5 of the report.