Issue details

Proposed Changes to the Veritau Structure

To seek Executive approval to join a new company, limited by guarantee, for the provision of internal audit and counter fraud services, as per the attached business case at Appendix one of the report.

 

The report also sought Executive’s approval for the payment of a dividend by VTV, which would fund Middlesbrough’s subscription to VPS.

 

Decision type: Key

Reason Key: Expenditure > £250,000;

Decision status: For Determination

Notice of proposed decision first published: 30/04/2025

Anticipated restriction: Public  -

Decision due: 16 Jul 2025 by Executive

Lead member: 7) Executive Member for Finance

Lead director: Director of Finance

Contact: Andrew Humble Email: andrew_humble@middlesbrough.gov.uk.

Decisions

Agenda items