Decision details

Supplier Early Payment Programme

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To get Cabinet approval to appoint Oxygen Finance to implement and manage a Supplier Early Payment programme.

Decision:

Cllr Lynden Stowe sought Cabinet approval to appoint Oxygen Finance to implement and manage a Supplier Early Payment programme.

 

Having considered all of the information. Cabinet noted the report and

 

RESOLVED to:

 

 

Approve, without further competition, the award of a call-off contract to the supplier known as Oxygen Finance Ltd for the supply of Early Payment Services under the NEPO 521 Framework Agreement (established in May 2020 by South Tyneside Council on behalf of NEPO (North East Procurement Organisation)) in accordance with the contract award criteria thereunder. The proposed call-off contract shall continue for a period of 5 years.

 

Report author: Deputy Leader and Cabinet Member - Finance and Change

Publication date: 22/12/2021

Date of decision: 22/12/2021

Decided at meeting: 22/12/2021 - Cabinet

Effective from: 01/01/2022

Accompanying Documents: