Issue - meetings

The Committee had before it a report by Internal Audit which presented the planned Internal Audit report on the Pensions System.  The Committee heard from Colin Harvey, Senior Auditor, in respect of the report.

Members asked questions of officers in connection with the report, in respect of the recommendation to Committee in December 2017 to enter a new contract with the current supplier of the Pensions System, and the follow-up report presented to Committee in March 2018 to advise of the potential risk involved due to the supplier having the option to increase the support and maintenance fee by RPI plus 5% annually.  Mr Harvey advised that Internal Audit had been involved in extensive discussions with officers as to whether the information should have been included in the December report, however as the decision in respect of the contract had not been taken until March, and the risk had been notified to Committee in March, the recommendation that the Committee should be provided with the full estimated cost of the proposed contract and alternative options had been implemented.

The report recommended:-

that Committee review, discuss and comment on the issues raised within the report and attached appendix.

The Committee resolved:-

to approve the recommendation.

The Board resolved:-

to note the decision of the Committee.