The Director of Finance presented the revised Procurement Strategy which had been agreed by the Cabinet on 2 June 2011 (minute 8 refers). The Strategy had previously been amended following an Audit Commission review of commissioning and procurement activity and he commented that the present revision had been developed in the context of enhancing good procurement practice to support better value purchasing and delivery of specific financial targets agreed in the 2011/2012 Budget.

Resolved – That the revised Procurement Strategy be noted.