Common Contracts
2 similar Appendix 1 Ypo Agreement contracts
APPENDIX 1 YPO AGREEMENT – FINAL DRAFT - COMMENTARYAppendix 1 Ypo Agreement • June 10th, 2014
CLAUSE COMMENTARY 1. OBJECTIVES AND PURPOSE OF YPO (1) YPO shall be a procurement organisation, maintaining effective, efficient and economical arrangements for the supply of goods, materials and services, by providing excellent quality, service and competitive prices, whilst optimising the profits available for distribution to its members and customers(2) YPO shall (unless agreed otherwise by The Founder Member Authorities) be a public sector organisation committed to professional, open, sustainable, caring relationships with its members, customers, staff and suppliers, and in doing so shall help the UK public sector by delivering a high quality service which saves them time and money(3) In conducting its business, YPO shall:(i) Provide all the general supplies and services required by local government and other public/third sector bodies, as permitted under legislation(ii) Optimise profitability by delivering cost effective services that contribute to customers’ efficiency(iii) En
APPENDIX 1 YPO AGREEMENT – FINAL DRAFT - COMMENTARYAppendix 1 Ypo Agreement • October 11th, 2010
discharge of this responsibility(3) Provide an effective internal audit service at a level agreed between the Section 151 Officer and the Audit Sub-Committee, including such attendance by Auditors at the Audit Sub-Committee as is necessary to properly discharge this responsibility(4) Provide effective ‘Committee Administration’ services to the Management Committee and appropriate Sub-Committees, at a level considered necessary by the Monitoring Officer(5) Provide effective banking and resource management services on behalf of YPO(6) Consult Founder Member Authorities on changes to Financial Procedure Rules, Standing Orders, Delegation Schemes and this Agreement, and make recommendations to the Management Committee(7) Chair the Strategic Officers Liaison Meeting(8) Assist the Management Committee to monitor the performance of the Managing Director(9) Have the authority to defer any proposal to incur expenditure or let any contract by the Board of Directors, pending the outcome of a repo
