Cabinet:

1. Agreed the extension of the Main Insurance Contract with the existing suppliers for 1+1+1 years based on the indicative terms as set out in the report detail.

2. Delegated authority to the Insurance Manager in consultation with the Strategic Director of Resources to agree final terms and agree the extensions on an annual basis during the 36-month extension period.

3. Noted the progress made in identifying and compiling available property risk information and the need to invest in improving the level of detail available including surveys and valuation programme.  

The report seeks Cabinet approval to extend the main insurance contract following expiry of the initial six-year period on 30^th June 2024 based on an indication of terms. The contract commenced  ...  view the full minutes text for item 200