Agenda item

City Procurement Efficiency and Savings Target 2018/19

Report of the Chamberlain.

Minutes:

The Committee considered the report of the Chamberlain on the City procurement efficiency and savings target, 2018/19.

 

The following matters were raised:-

 

·         A Member raised the matter of yearly calculation of savings target and whether this was achieving less than it could do on procurement and contract reletting.

 

The Chamberlain confirmed that robust measures were in place to achieve the best value possible, although savings that were ‘easier to achieve’ had previously been taken by the Corporation. He made the point that many less complex, smaller contracts provided more limited scope to extract additional monetary value. However, other areas may provide a better opportunity for savings to be made. The Member put forward the view that further efficiency in procurement should be possible, and that further information for the Committee would be useful, to determine that there was not an abandonment of the savings strategy.

 

RECEIVED. 

Supporting documents: