Report FSD24048 BANKING CONTRACT

September 3, 2024 Portfolio Holder for Resources, Commissioning and Contracts Management (Cabinet member) Awaiting outcome View on council website

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Summary

Portfolio Holder for Resources, Commissioning and Contracts Management approved an extension of the current banking services contract for seven months on 03/09/2024. This extension is to remain in place until a new contract is awarded.

Full council record

Decision

An extension of the current contract for banking services for seven months be approved in accordance with the recommendations in the report. 

Reasons for the decision

The Council’s contract for banking services has been in place since 2017 and needs to be extended until a new contract is in place.

The decision is urgent in view of the imminent expiry of the current contract.

Details

Decision date3 Sep 2024