Issue - decisions

Void and nomination agreements for supported living settings within Southampton

16/07/2019 - Void and nomination agreements for supported living settings within Southampton

(i)  To delegate authority to the Service Director for Quality & Integration, following consultation with the Service Director: Finance and Commercialisation to enter into void and nomination agreements in the value of up to £2million in relation to supported living settings subject to an identified budget being available and maximum void liability and all associated contractual costs and liabilities of any Agreement not exceeding £2million (total Agreement value over life of the Agreement).

(ii)   To note potential void risks and associated financial liabilities as well as potential savings which are enabled by entering into void and nominations agreements.