Decision details
Decision Maker: Director
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
The contract for the Independent Adviser to
the Local Pension Board expires in October 2022. It is therefore
appropriate to consider whether to exercise the first of the two
opportunities for extension available under its terms.
The current adviser has had a considerable positive impact on the
effectiveness of the Board resulting in a reduction in the risk
score for one of the risks included in the corporate risk register.
Consequently in order to maintain the current level of progress and
provide stability for the Board it is proposed to extend the
contract of the current adviser for 3 years to October 2025.
The contract for the Independent Adviser to
the Local Pension Board expires in October 2022. It is therefore
appropriate to consider whether to exercise the first of the two
opportunities for extension available under its terms.
The current adviser has had a considerable positive impact on the
effectiveness of the Board resulting in a reduction in the risk
score for one of the risks included in the corporate risk register.
Consequently in order to maintain the current level of progress and
provide stability for the Board it is proposed to extend the
contract of the current adviser for 3 years to October 2025.
Publication date: 12/07/2022
Date of decision: 09/05/2022