Decision details

GS Plus Ltd and GSS Ltd – Review of Direction of Travel

Decision Maker: Cabinet

Decision status: Recommendations approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

Agreed to the continuation of the Council’s trading companies GS Plus Ltd and GSS Ltd beyond 31 March 2025, based on the existing delivery model and governed by a new 10-year Strategic Partnering Agreement to be developed and implemented by this date.

 

Agreed to retain the responsibility for the net assets / liabilities from GSP’s membership of the RBG Pension Fund (the pool is currently fully funded).

Decision:

Agreed to the continuation of the Council’s trading companies GS Plus Ltd and GSS Ltd beyond 31 March 2025, based on the existing delivery model and governed by a new 10-year Strategic Partnering Agreement to be developed and implemented by this date.

 

Agreed to retain the responsibility for the net assets / liabilities from GSP’s membership of the RBG Pension Fund (the pool is currently fully funded).

Report author: Kelly Scotford

Publication date: 24/07/2024

Date of decision: 24/07/2024

Decided at meeting: 24/07/2024 - Cabinet

Effective from: 31/07/2024

Accompanying Documents: