Banking and Merchant Acquirer Services Contracts
LGA 1972 Sch 12A Paragraph 3 – Financial or business affairs of any particular person
Decision:
(LGA 1972 Sch 12A Paragraph 3 – Financial or business affairs of any particular person)
(Report of Director of Finance and Transformation)
The report gave details of the approach taken in progressing new Banking and Merchant Acquirer Services contracts.
Following consideration by the Finance, Innovation and Property Advisory Board, the Cabinet Member for Finance, Innovation and Property resolved that:
The progress made in renegotiating both the banking and merchant services contracts be noted and authority be delegated to the Director of Finance and Transformation, in liaison with the Cabinet Member for Finance, Innovation and Property, to finalise the negotiations.
Minutes:
(LGA 1972 Sch 12A Paragraph 3 – Financial or business affairs of any particular person)
Decision Notice D180006MEM
The report of the Director of Finance and Transformation gave details of the approach taken in progressing new Banking and Merchant Acquirer Services contracts.
RECOMMENDED: That the progress made in renegotiating both the banking and merchant services contracts be noted and authority be delegated to the Director of Finance and Transformation, in liaison with the Cabinet Member for Finance, Innovation and Property, to finalise the negotiations.