1) That the transfer of procurement and contract services to PSPS Ltd be approved, as set out in the business case at Appendix A; and
2) That the ability to approve the necessary deed of variation (which supported changes to the Joint Venture Agreement) and amend any contract documentation resulting from the inclusion of Procurement into PSPS Ltd be delegated to the Deputy Chief Executive (S151 Officer) in consultation with the Portfolio Holder for Finance, Commercialisation and Partnerships.