Issue details

Proposed Changes to the Veritau Structure

This report seeks Executive’s approval for the Council to join a new company limited by guarantee (Veritau Public Services) for the provision of internal audit and counter fraud services . Executive will also be
asked to approve the payment of a dividend by the current provider, Veritau Tees Valley, and for that company to be subsequently wound up.

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.