A report by the Director of Finance sought the Cabinet’s approval of a revised Procurement Strategy. The existing Strategy was approved by Cabinet on 24 September 2009. (Minute No. 120 refers.)  In December 2009, the Audit Commission published a review of commissioning and procurement activity and, as a result, the Cabinet approved amendments to the Strategy on 4 February 2010. This 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 2011-12 Budget.

RESOLVED:

That the revised Procurement Strategy be approved.