A report by the Director of Finance sought the Cabinet’s approval to engage PriceWaterhouseCoopers (PWC) to undertake a review of major contracts to support the delivery of savings targets agreed by the Council in the 2011/12 Budget. 

It was reported that the Council had accrued credits to the value of £157,119 with PWC as a result of the work undertaken in 2009/10 on Value Added Tax recovery.  It was proposed to use these credits to pay for this additional work in accordance with the Contract Procedure Rules paragraph 5.1.1 ‘Exceptions to Procurement procedure’.

RESOLVED -

That the Cabinet agrees to the engagement of PWC to undertake a review of major contracts for the reasons set out in paragraphs 3.0 to 3.4 in the report.