Agenda item

The Council’s Procurement Policy is reviewed every two years and was last reviewed in 2022.

The Responsible Financial Officer has reviewed the Policy and made a number of suggested amendments, as shown in the tracking of the first document attached. The second attachment is a more viewable friendly version.

Members are requested to consider the Procurement Policy and recommend its adoption by the Town Council.

The Committee received and considered the report of the Responsible Financial Officer (RFO) and accompanying policy document.

The Committee welcomed the amendments to the current policy to help ensure adherence to financial controls and legislation. With regard to the final table in the report, Members felt under ‘Above Procurement threshold’, the text should be ‘Professional or legal advice shall be obtained on the most appropriate processes, if necessary.’

There was further discussion on when the policy should be reviewed as national legislation on procurement was due to change later in the year. It was agreed the review should be one year, or in response to these changes if before that time.

Resolved:

1.      That, the report be noted.

2.      That, the Procurement Policy, as presented, be adopted by the Council subject to the above amendments on professional advice and review.