Capital strategy

Procurement

We will regard the contents of our procurement strategy when considering the delivery of capital projects.

Where estimated project contract costs exceed the relevant European Union threshold, the appropriate EU tendering procedures will be followed.

Standing orders relating to contracts will apply to all contracts proposed to be let in relation to capital projects, together with financial regulations and the provisions of our scheme of delegation.

The achievement of value for money will be a guiding principle in the procurement of capital works and services and in managing contracts.