Issue - decisions
WAIVER OF ELEMENTS OF THE COUNCIL'S CONTRACT AND PROCUREMENT RULES IN RELATION TO SELECTING TREASURY FUND INVESTMENTS
22/07/2021 - WAIVER OF ELEMENTS OF THE COUNCIL'S CONTRACT AND PROCUREMENT RULES IN RELATION TO SELECTING TREASURY FUND INVESTMENTS
RESOLVED:
(1) That Cabinet agree a waiver of the Contract and Procurement Rules to allow the selection process for long-term Treasury Investments (Multi-Asset Funds and Property Funds) to follow the process that has been advised by the Council’s Treasury Advisers;
(2) That the decision on selecting the funds to be invested in, be delegated to the Service Director: Resources in consultation with the Executive Member for Finance and IT.