Issue - meetings

To consider the report of the Director of Resources (copy enclosed).

The Council considered the report of the Director of Resources informing Members of the outcome of the Insurance Tender exercise for a new contract to be put in place from 1 October 2016.

Members were reminded that the Finance and Corporate Services Committee had received an update on the tender in June 2016 and agreed that the tender award report be issued direct to the Council for consideration.

The report set out how the Council’s insurance tender had been broken into nine lots to ensure best value for money.  A tender exercise had been carried out by Arthur J Gallagher Insurance Brokers Limited, discussed with Officers and the contract award as recommended was set out in Appendix 1 to the report.

RESOLVED

(i)                 that the contents of the report be noted;

(ii)               that the insurance contracts be awarded with effect from 1 October 2016 to the insurers as set out in Appendix 1 of the report.