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Preface First

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How we operate

Legal Framework:

As a public sector organisation the Council is required to comply with:

  • Public Contract Regulations 2015
  • Specific requirements of relevant funding bodies
  • Council Financial Regulations
  • Council Standing Orders for Contracts
  • Council Procurement Strategy

This is to ensure transparency and fairness in how we procure, and that we obtain value for public money.

What do we mean by value for money?

A common misconception is that value for money, or VFM, means securing the the lowest price when purchasing.
 
VFM is the best combination of asscociated costs and benefits that can be achieved to meet a particular need over the lifetime of that need. 
 
Through our market testing and tender specifications we are seeking to identify and select the most economically advantageous offer, that is - the best mix of cost and quality outputs that meet or exceed our requirements.

Financial Challenges:

During this period of fiscal austerity Central Government funding to the Council will reduce 27% over the period 2012 to 2015. This means a reduction in our revenue budget of 9% each year.
 
Funding resourses previously available to the Council continue to reduce, and the Council itself as an organisation is reducing in size, this means that the Council will be buying less and less over the coming years. 

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