Issue details
Howden House PFI Contract- Refinance
The Howden House contract (‘the Contract’) has been set a significant savings target in order to contribute to the Council achieving its challenging budget position in the future.
To carry out a Refinance to replace the current funder with a potential new funder on more favourable terms in order to deliver a financial gain for the Council.
Failure to carry out the Refinance will result in more pressure on achieving the Council’s current and future budget and may result in more drastic cuts to front line services.
Decision type: Key
Reason Key: Expenditure/savings > £500,000;
Decision status: Recommendations Approved
Notice of proposed decision first published: 17/12/2021
Scrutiny Committee: Overview and Scrutiny Management Committee;
Decision due: 19 Jan 2022 by Co-operative Executive
Lead director: Executive Director, Resources
Department: Resources
Contact: Jayne Clarke Email: jayne.clarke2@sheffield.gov.uk Tel: 20 39159.
Date agenda documents available: 11/01/22
Decisions
- 25/01/2022 - Howden House PFI Contract - Refinance
Agenda items
- 19/01/2022 - Co-operative Executive Howden House PFI Contract - Refinance 19/01/2022
Documents
- Report of the Executive Director, Resources