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Implementation of a Supplier Early Payment

 

 

03/11/2020 - Implementation of a Supplier Early Payment

Cabinet:

  1. Approved the implementation of a Supplier Early Payment Initiative.
  2. Authorised the Director of Finance in consultation with the Deputy Mayor (with special responsibility for Finance, Governance and Performance) to take all steps required to award the 5 year contract through a compliant public sector framework to Oxygen Finance Ltd with an estimated contract value of £1.5m and progress implementation of the programme including revisions to the associated policies and protocols.