Issue details

Approval of admission of Lincolnshire County Council to the shareholding of Hoople Limited

To approve admitting Lincolnshire County Council as a 3% shareholder of Hoople Limited.

Hoople Limited (“Hoople”) has identified a commercial opportunity for the provision of a number of "back office" services including finance and payroll; HR administration, and customer service centre to Lincolnshire County Council through the Business World, providing resilience and increased knowledge.

Hoople is a company that benefits from the exemption under Regulation 12 of the Public Contracts Regulations 2015 (PCR). This exemption would facilitate a relatively straightforward contract enabling shareholders to trade directly with Hoople.  To allow Lincolnshire County Council to benefit from the services of Hoople, it is proposed that the existing shareholders pass a resolution granting authorisation to the Directors of Hoople for Lincolnshire County Council to be admitted as a new shareholder to the shareholding of Hoople. It is proposed that Lincolnshire County Council would have a 3% shareholding.

 

Decision type: Non-key

Decision status: Recommendations Approved (subject to call-in)

Wards affected: (All Wards);

Notice of proposed decision first published: 25/06/2021

Decision due: 27 July 2021 by Chief executive

Lead director: Solicitor to the Council

Department: Corporate Support Centre

Contact: Alice McAlpine, Senior solicitor, major projects Email: Alice.McAlpine@herefordshire.gov.uk.

Consultees

Head of Legal, S151 Officer and Solicitor to the Council have been kept informed throughout negotiations

Decisions

Documents