RESOLVED:
Recommendation for the Cabinet
1. That the award of the supply of electricity to all council sites to LASER be approved. The estimated value of the contract is £6.4m per annumfor a period of four years (with effect from 1 October 2016) making a total contract value of £25.6m. This includes management fees from LASER.
Recommendation for the Leader of the Council
2. That authority be delegated to the cabinet member for environment and the public realm, throughout the duration of the contract (as detailed in the procurement project plan) to:
· approve the management option selected for the contract, and consider the flexibility to change the management option (detailed in paragraphs 10, 24 and 29 of the report), and
· amend the purchasing solution (purchase in advance or purchase within period detailed in paragraph 13 of the report).