Agenda and minutes

Executive Board Sub Committee
Thursday, 26th May, 2011 10.00 a.m.

Venue: Marketing Suite, Municipal Building

Contact: Gill Ferguson on 0151 471 7395 or e-mail  gill.ferguson@halton.gov.uk 

Items
No. Item

1.

MINUTES

Minutes:

            The Minutes of the meeting held on 1 April 2011 were taken as read and signed as a correct record.

Resources Portfolio

2.

Treasury Management 2010/11 Q4 January - March pdf icon PDF 59 KB

Minutes:

            The Sub-Committee received a report of the Operational Director, Finance on the Treasury Management 2010/11 4th Quarter (January to March) which updated the Sub Committee on activities undertaken on the money market as required by the Treasury Management Policy. 

 

            The report provided supporting information on the economic forecast, short term investment rates, longer term investment rates, temporary borrowing/investments, investment income forecast, longer term borrowing/investments and policy guidelines.  The Sub-Committee noted that all investments had been within policy guidelines.

 

            RESOLVED:  That the report be noted.

 

3.

Insurance Tender pdf icon PDF 32 KB

Minutes:

            The Sub Committee received a report of the Operational Director, Finance on the tender evaluation process recently undertaken by the Council’s appointed insurance broker, Aon.

 

            The Sub Committee was advised that the Council’s insurance programme had expired on 31 March 2011 and a formal tender exercise had been conducted under EC Procurement Procedures. In accordance with Procurement Standing Order 2.11, the Operational Director, Finance had accepted the successful tenders.

 

            The report provided information on the tenders received and the amendments to the Council’s insurance programme. It was noted that following advice from Aon, cover for Terrorism had been added to the programme.  

 

The Sub Committee noted that the contracts had been awarded on a three year basis, with an option to extend for a further two years. In addition, under the contract with Travelers, the Council would receive five free risk management consultancy days each year.

 

 

RESOLVED: That the following be noted:

 

1)         the tenders had been accepted;

2)         the names of the various tenderers;

3)         the amounts of the tender figures; and

4)         the changes to the Council’s insurance programme.

 

Physical Environment Portfolio

4.

Shopmobility pdf icon PDF 24 KB

Minutes:

            The Sub Committee received a report of the Strategic Director, Communities on the Shopmobility service provided at Halton Lea.

 

            The Sub Committee was reminded that, at its meeting on 2 December 2010, it had authorised a tender process to be initiated for future service provision. Only one tender had been received, from Warrington Disability Partnership, the current provider. However, Officers had identified an alternative viable option utilising the Council’s day services for disabled people, together with a negotiated waiver of the licence fee and service charge for the location of the service at Halton Lea, as detailed in the report.

 

            It was noted that, if successful, the service may be provided in Widnes Town Centre, using this model of provision.

 

            RESOLVED: That the Council note that, after consultation with the Leader and Members of the Executive Board Sub Committee, the Chief Executive had, under delegated powers (Matters of Urgency, Constitution), expressed support for the Licence to be agreed as set out in paragraph 3.7 of the report.

 

 

 

           

 

           

MINUTES ISSUED:  1 June 2011

 

CALL IN:  8 June 2011

 

Any matter decided by the Executive Board Sub Committee may be called in no later than 8 June 2011