Decision details
Joint Venture Proposal with Hunchbuzz Ltd - CG/17/049
Decision Maker: Finance, Policy and Resources Committee
Decision status: For Determination
Is Key decision?: No
Is subject to call in?: No
Decisions:
The Committee had before it a report by the Head of IT and Transformation which sought approval to enter into a Joint Venture to develop, market and sell an education based ideas platform for use in primary, secondary and tertiary education and for associated mediums such as parent and/or teacher’s groups on a world-wide basis.
The report recommended:-
that the Committee –
(a) approve the formation of a Joint Venture Company between Aberdeen City Council and Hunchbuzz Limited and notes that the set up costs shall be met from the IT & Transformation Being Digital Budget (Ref: CG/16/020) under delegated authority to the Head of IT & Transformation;
(b) note the proposed investment of £40,000 which shall be transferred to the JV company from the IT & Transformation Being Digital Budget (Ref: CG/16/020) under delegated authority to the Head of IT & Transformation;
(c) delegate authority to the Head of IT & Transformation, following consultation with the Head of Commercial & Procurement Services, to agree terms & conditions of the Joint Venture subject to legal review and to have a Proper Officer execute final documentation; and
(d) delegate authority to the Head of Legal and Democratic Services to nominate suitable officers of the Council as directors of the Joint Venture Company.
The Committee resolved:-
(i) to instruct the head of IT and Transformation to prepare a report on the IT transformation strategy for schools, highlighting how this project aligns with the overall IT strategy and timetable, reporting back to the next Finance Policy & Resources Committee on 20 September 2017; and
(ii) that officers arrange a workshop for members to showcase the project one hour before the next meeting of the Committee on 20 September 2017.
Publication date: 04/07/2017
Date of decision: 29/06/2017
Decided at meeting: 29/06/2017 - Finance, Policy and Resources Committee