Decision details
Council Insurance Policy
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Decisions:
The subject of the decision:
This report provided an update on the future insurance cover for the Council and recognised the decreased costs in insurance premiums.
Alternative options considered:
None.
The reason for the decision:
The Council’s insurance policy would expire on 1 November 2019 and Cabinet was satisfied that the procurement exercise undertaken achieved value for money for the Council in renewing its insurance policy.
THE DECISION:
That Cabinet accepts the insurance costs as se out in Annex A of the report at £166,352.00.
Reason Key: Expenditure > £50,000;
Wards Affected: All Wards;
Other reasons / organisations consulted
None
Consultees
None
Contact: Saskia Calton, Finance Manager Email: saskia.calton@hambleton.gov.uk.
Report author: Saskia Calton
Publication date: 08/10/2019
Date of decision: 08/10/2019
Decided at meeting: 08/10/2019 - Cabinet
Effective from: 22/10/2019
Accompanying Documents:
PDF 71 KB