Issue - decisions

Supplier Early Payment Programme

22/12/2021 - Supplier Early Payment Programme

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





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.