Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: February 4, 2026

Purpose: To seek delegated authority for contract award approval for the Commercial Property Insurance Contract (over £500,000) for 24months, following the appropriate procurement process.

Content: RESOLVED   That the Cabinet: a)                delegates authority to the Leader of the Council in consultation with the relevant Cabinet Member, relevant Head of Service, and Head of Law and Governance to approve the award of the Commercial Property Insurance Contract following an appropriate procurement process. This contract will commence on 1st April 2026 with a duration of 24 months. b)                delegates the negotiation, approval and completion of all relevant documentation, including legal paperwork following the awarding of the contract to the relevant Head of Service, Head of Law and Governance, Head of Corporate Finance. Reasons for the Recommendations   The approval of the delegation provides a key decision that will enable the individual procurement process (competition on the YPO Insurance Services DPS) to be awarded under delegated authority once the tender process has concluded giving the Council the ability to reduce the time required to complete a procurement process.