Decision Maker: Executive Cabinet

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: April 23, 2025

Purpose: This report outlined a proposed renewal of the contract with Oxygen Finance Ltd for 4 years until 2029, with the option to extend a further 2 years.  Continuing with PAS and the associated initiatives does offer a significant opportunity to continue to deliver and potentially increase the financial benefits for the organisation whilst offering suppliers the ability to receive payment early in return for the Council taking a small benefit. 

Content: RESOLVED That the contract is renewed with Oxygen Finance Ltd for 4 years until 2029 with the option to extend a further 2 years.