Decision details

AA920 - Purchase of Communal Electricity and Gas from October 2019

Decision Maker: Cabinet Member for Housing Services

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

Officer Report

Decision:

1.            That in accordance with Paragraph 3 of schedule 12A to the Local Government Act 1972 this report be exempt from publication in that it relates to information relating to the financial or business affairs of any particular person (including the authority holding the information).

 

2.            That the Cabinet Member for Housing Services delegated authority to the Executive Director of Growth, Planning and Housing to accept offers for gas and electricity on the day they are issued by suppliers, to enable the City Council to enter into one or more contracts for communal electricity and gas supplies for 12 months from 1st October 2019.

 

Reasons for Decision 

1.            Energy suppliers only quote electricity and gas prices for acceptance on the day, to minimise their risks in a volatile market.  Normal routines for accepting tenders are therefore incompatible with market practice.

 

2.           Delegating authority to the Executive Director of Growth, Planning and Housing will therefore enable acceptance of electricity and gas tariffs to secure lowest prices without quotations from suppliers lapsing.

 

Publication date: 28/08/2019

Date of decision: 28/08/2019

Effective from: 05/09/2019