The Head of Business Improvement and Head of Financial Services submitted a report which sought project approval to retender for the Council’s core financial systems and delegate authority to award the contract on the basis of the most economically advantageous bid.

The Board noted that this was a straightforward retendering exercise prompted by the expiry of the existing contract on 31 December 2015.

The City Executive Board resolved to:

1.     grant project approval for the retendering of the Council’s core financial systems; and

2.     delegate authority to the Head of Business Improvement, in consultation with the s151 Officer and Monitoring Officer to award the contract for a new Finance System on the basis of the most economically advantageous bid.