D6 - Assets and Procurement Committee

To recommend to Council and monitor the Council’s Land & Property Strategy, including its Asset Management Plan, social and environmental (including carbon) Frameworks.

In consultation with the relevant service committee and Full Council

Authority to lead the development of the Council’s Procurement & Commercial Strategy, as well as its Social and Environmental Value Framework

In consultation with the relevant service committee

To review the Council's asset portfolio to identify opportunities and develop policies to reduce the financial impact on the Council's operating position and strengthen its financial sustainability and ensure investment is consistent with the policies and principles of the Council.

In consultation with the relevant service committee

To consider, evaluate, and agree property disposals (overseeing any public consultation where it is applicable/in line with policy), acquisitions, and investment opportunities.

In consultation with the relevant service committee

To work with officers to facilitate/promote the development of proposals for sharing property with partner organisations. Including to consider and approve the use of Council owned assets by the local community and / or other interested parties.

In consultation with the relevant service committee

To review and regularly consider the Council’s estate safety.

In consultation with the relevant service committee

To consider and make recommendations to the Council for property rationalisation proposals that are outside of the agreed Business Plan.

In consultation with the relevant service committee

To supervise the Council’s utilisation of assets and properties and its activities as a “corporate landlord”.

In consultation with the relevant service committee

To approve variations, renewal, and termination of leases, licenses, dedications, and easements in accordance with delegations, including County farm business tenancies.

In consultation with the relevant service committee

To monitor all commercial and property investment proposals included within the Business Plan to ensure successful delivery.

In consultation with the relevant service committee

Authority to exercise the functions conferred by the Agriculture Act 1970 in relation to the County Farms Estate.

To exercise all and any of the Council’s rights as shareholder of all wholly owned and joint venture companies which are not otherwise the responsibility of another committee. This includes the Property SPV This Land Limited and its subsidiaries.

The Committee may authorise the Section 151 Officer to exercise these rights in appropriate circumstances, including urgency, in consultation with the Chair and Vice-Chair

To oversee and ensure strong procurement governance, pipeline, skills and practice across the council.

To award corporate and non-service based contracts in line with constitutional delegations.

Regularly review the Council’s Contract Procedure Rules and delegations and recommend to Full Council changes to rules and/or delegations as appropriate.

In consultation with the relevant service committee and Full Council

Authority to nominate representatives to outside commercial bodies. This excludes appointment to the Combined Authority, Greater Cambridge Partnership, Cambridgeshire and Peterborough Fire Authority, Cambridgeshire Police and Crime Panel, the County Councils Network Council and the Local Government Association.

Authority to contribute to the Council’s duties relating to public health by assessing the health implications of decisions, seeking synergies and avoiding harmful health impacts, in order to improve population health and health equity.

Authority to approve the business plan and any other shareholder functions, including any delegated decisions made by the shareholder representative.

Authority to monitor key performance indicators for each company emerging from the Business Plan.

Authority to review risks relating to commercial investments, tolerance for risk, ownership of risks and processes for managing risk.

Authority to review the governance of Council-owned companies.