A strategic review of the purchasing arrangements of gas and electricity supplies across the Council's assets to secure value for money arrangements and to consider options for length of any purchasing arrangement. It is a key decision as the annual spend is £115,000, and as we could be recommending a four year contract the whole value would be £460,000.

Cabinet Member for Finance

Cabinet considered the report of the Head of Property Services and the above Cabinet Member which provided details of the purchase of energy supplies for the period October 2016 – September 2020.

RESOLVED:

(1)  That the current arrangement for energy purchasing via the Laser Energy Buying Group continues for the period October 2016 – September 2020.