Issue details

PSR7 approved a merger of the Parks and Greenspace, Coast and Countryside, and Flood and Coastal Erosion Risk Management services. All services require specialist fleet, machinery and equipment to undertake operations and works on site. Although the insourced parks grounds maintenance function has leased these items for the short term, it is much more cost effective to purchase them via a Prudential Borrowing scheme (re-paid over a combination of 3 and 5 year terms and funded via existing revenue resources). This report will seek approval to undertake a procurement exercise for the required fleet, machinery and equipment and to set in place the appropriate financial arrangements.