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Decision details
Home Energy Efficiency Loan
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
Award of a contract to a loan broker to
administer a revolving loan fund on behalf of the council to assist
local homeowners to carry out energy efficiency/ low carbon works
on their homes. This is a 25 year contract and the initial
investment is £300,000, although the total contract amount is
£2,000,000
Decision:
RESOLVED:
That Cabinet:
1. Award a new contract to Bidder A for the provision of loan brokerage service to administer an energy efficiency loan to Merton homeowners
Report author: Amy Dumitrescu
Publication date: 20/12/2023
Date of decision: 18/12/2023
Decided at meeting: 18/12/2023 - Cabinet
Effective from: 28/12/2023
Accompanying Documents:
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