Approved Variation of Commission Fees Payable on LOBO Loans and Selection of Broker
Dear Blackpool Borough Council,
Please provide un-redacted copies of the tender specifications, assessment notes and awarded TMA contracts for 'Treasury Management Advice' (TMA) services, tendered by council between 2002-2015.
Additionally, please provide payment records, notes and receipts for TMA annual fees, and LOBO loan brokerage commission and/or applicable restructuring fees over this period.
Finally, please confirm (providing records) of each occasion Councils Treasury Management Advisor(s) sought and received formal approval from the council, to vary brokerage commission fees from the flat rate set out in the TMA contract and standard "terms of business."
Yours faithfully,
Joel M Benjamin
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