The Cabinet received a report regarding a new Co-operative Procurement Strategy 2025-2028 which would help to support delivery of the Making Stevenage Better Corporate Plan, alongside addressing legal changes set in the new national Procurement Act 2023.
The Portfolio Holder for Resources and Transformation advised that the Strategy included principles relating to community wealth building, social value as well as commercial and insourcing which would allow the Council to look at bringing services in house where it made sense to do so and where the best procurement results would be secured.
It was RESOLVED that delegated authority be granted to the Strategic Director (S151) after consultation with the Portfolio Holder for Resources and Transformation to sign off the Co-operative Procurement Strategy 2025-2028 following further consultation with the community and stakeholders.
Reason for Decision: As contained in the report.
Other Options considered:As contained in the report.