Decision details

Edsential Working Capital Agreement Renewal

Decision Maker: Policy and Resources Committee

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

This reports seeks agreement tor renew the working capital facility that the Council has with Edsential on similar terms..

Decision:

Resolved – That the Policy and Resources Committee approves the renewal of the interest bearing working capital cashflow agreement of up to £2 million with Edsential for a 5 year term to commence as soon as applicable.

Report author: Peter Molyneux

Publication date: 21/12/2020

Date of decision: 21/12/2020

Decided at meeting: 21/12/2020 - Policy and Resources Committee

Effective from: 06/01/2021

Accompanying Documents: