Decisions

The Chair of the ACV Listing Panel considered that in the opinion of the council Savoy Square should be listed as an ACV as the nominating group and the land met the eligibility criteria set out in the Localism Act 2011. The current and proposed use of the land furthers the social well-being and social interest of the community set out in Part 5, Chapter 3 paragraph 88 (1) (a) & (b) of the Act.

The listing lasts for five years from the 5 April 2023.

The decision was taken to list the asset as the nomination met the criteria of an Asset of Community Value.

Inflation continues to impact to the price of frozen and ambient food, resulting in the need to issue a variation/increase to the current contract by 5.36%.

The supplier has provided details of the level of price changes which reflects the actual wholesale market changes between 26th of October to date which have been substantial.

Options considered.

-       Continue with current supplier with increasing costs to the council.

-       Negotiate with the existing supplier looking at alternative food options (this has been undertaken but unfortunately did not mitigate the increases in wholesale costs)

-       Terminate the contract with the current supplier and test the market. However, this would be a high-risk strategy leading to potentially even higher cost to the Council

To implement a 5.36% variation/increase to the Frozen/Ambient food contract (Lot 1 and 2 combined) from the 20^{th of} June 2023.

Determined.

No interests were declared.

That the minutes of the meeting held on the 13^th January 2023, be approved as a correct record.