It is resolved that:
(A) Council
delegate to the Chief Executive Officer the function of accepting the
recommended tender offer for the provision of Insurance Broking and Related
Services for a term of 3 years with 2 options to extend, each for a period of 2
years;
(B) authority
be delegated to the Chief Executive Officer to finalise, execute and administer
the contract relating to the tender; and
(C) Council
note that it will be informed of the successful supplier and total contract
value via CEO Update.
Carried unanimously.
X125416.014