Decision details

            The Chief Officer (Governance) introduced the Accelerated Payment Facility report which provided details on how the Council could pay its suppliers more quickly, whilst also potentially generating income.  The full benefits of the scheme were outlined in the report.

RESOLVED:

(a)       That approval be given to introduce a supplier Accelerated Payment Facility for the Council;

(b)       That delegated authority be given to the Chief Officer (Governance) to undertake a procurement exercise and let a contract with a Service Provider in accordance with the principles in the report;

(c)        That delegated authority be given to the Chief Officer (Governance) and the Corporate Finance Manager, in consultation with the Cabinet Member for Corporate Management and Assets, to implement the changes required to the Council’s policies and practices as required; and

(d)       That a review on performance and impact be carried out within 12   months.