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INSURANCE PROCUREMENT EXERCISE

22/01/2019 - INSURANCE PROCUREMENT EXERCISE

The Executive agreed the recommendations as outlined above namely:

 

  1. To approve the outcome of the Council’s procurement exercise for the provision of insurance cover, saving approximately £340,000 per year.  It should be noted that there will be a slight decrease to the overall saving once the cost of insuring Blackpool Coastal Housing’s motor fleet has been confirmed.

 

  1. To delegate responsibility to the Director of Resources to undertake a separate quotation exercise for the provision of cyber liability and Directors and Officers insurance.