Decision Maker: Shareholder Committee
Made at meeting: 26/06/2024 - Shareholder Committee
Decision published: 28/06/2024
Effective from: 05/07/2024
Lead officer: Stephen Hinds
Exempt report
Decision Maker: Shareholder Committee
Made at meeting: 26/06/2024 - Shareholder Committee
Decision published: 28/06/2024
Effective from: 05/07/2024
Lead officer: Stephen Hinds
Decision Maker: Shareholder Committee
Made at meeting: 26/06/2024 - Shareholder Committee
Decision published: 28/06/2024
Effective from: 05/07/2024
Lead officer: Shiraz Sheikh
Decision Maker: Shareholder Committee
Made at meeting: 26/06/2024 - Shareholder Committee
Decision published: 28/06/2024
Effective from: 05/07/2024
Decision:
Resolved
(1) That GHVDC’s Remuneration Committee’s proposed bonus payments for 2023/24 be accepted.
(2) That the principles and approach set out in the company’s confidential reports attached as Confidential Appendix 1 to this report be endorsed.
(3) That the Remuneration Committee review the scheme each year before the bonus appraisal process commences and advise the Shareholder Committee of any changes.
(4) That the Remuneration Committee ensure that the benchmarking exercise is repeated periodically in accordance with sector best practice to ensure that the scheme remains consistent with good practice in the market.
(5) That changes to the bonus scheme for future years be submitted to it for its approval before being implemented and before the financial year to which it relates.
Lead officer: Stephen Hinds
Decision Maker: Shareholder Committee
Made at meeting: 26/06/2024 - Shareholder Committee
Decision published: 28/06/2024
Effective from: 05/07/2024
Lead officer: Stephen Hinds
To award a cost based service assessment contract.
Decision Maker: Assistant Director Finance & S151 Officer
Decision published: 26/06/2024
Effective from: 03/07/2024
Decision:
Resolved
(1) That the cost based service assessment contract be awarded to PA Consulting following a competitive tendering exercise.
Lead officer: Michael Furness