Agenda, decisions and draft minutes

Gas Contract - Cabinet Correction Report, Cabinet Member Signing - Wednesday, 12th August, 2026 1.00 pm

Contact: Richard Plummer Committees Manager Email: richard.plummer@haringey.gov.uk

Items
No.	Item
9.	FILMING AT MEETINGS Please note that this meeting may be filmed or recorded by the Council for live or subsequent broadcast via the Council’s internet site or by anyone attending the meeting using any communication method. Although we ask members of the public recording, filming or reporting on the meeting not to include the public seating areas, members of the public attending the meeting should be aware that we cannot guarantee that they will not be filmed or recorded by others attending the meeting. Members of the public participating in the meeting (e.g. making deputations, asking questions, making oral protests) should be aware that they are likely to be filmed, recorded or reported on. By entering the meeting room and using the public seating area, you are consenting to being filmed and to the possible use of those images and sound recordings. The Chair of the meeting has the discretion to terminate or suspend filming or recording, if in his or her opinion continuation of the filming, recording or reporting would disrupt or prejudice the proceedings, infringe the rights of any individual or may lead to the breach of a legal obligation by the Council. Minutes: The Cabinet Member referred to the notice of filming at meetings and this information was noted.
10.	Apologies for absence To receive any apologies for absence. Minutes: There were no apologies.
11.	Declarations of interest A member with a disclosable pecuniary interest or a prejudicial interest in a matter who attends a meeting of the authority at which the matter is considered: (i) must disclose the interest at the start of the meeting or when the interest becomes apparent, and (ii) may not participate in any discussion or vote on the matter and must withdraw from the meeting room. A member who discloses at a meeting a disclosable pecuniary interest which is not registered in the Register of Members’ Interests or the subject of a pending notification must notify the Monitoring Officer of the interest within 28 days of the disclosure. Disclosable pecuniary interests, personal interests and prejudicial interests are defined at Paragraphs 5-7 and Appendix A of the Members’ Code of Conduct Minutes: There were none.
12.	URGENT BUSINESS The Chair will consider the admission of any late items of Urgent Business. (Late items of Urgent Business will be considered under the agenda item where they appear). Minutes: There was no urgent business.
13.	DEPUTATIONS / PETITIONS / QUESTIONS Minutes: There were none.
14.	Gas Contract - Cabinet Correction Report PDF 277 KB Additional documents: Appendix 1 - Minutes of Cabinet meeting 12 March 2024 , item 14. PDF 460 KB Background paper 1 - Corona Energy Retail 4 Limited Annual Report and Financial Statements for the year ended 31 March 2025 , item 14. PDF 755 KB Decision: DECLARATIONS OF INTEREST FOR THIS ITEM: NONE RESOLVED It was recommended that the Cabinet Member: That the Cabinet Member for Finance and Corporate Services approved, in accordance with the Council’s Contract Standing Order (CSO) 18.03, 2.01(d) CSO 0.08 and CSO 18.04.3, the variation and novation of the contract for the supply of natural gas from 1 April 2025 to 31 March 2029 by changing the name of the Supplier in the contract which is Corona Energy Limited to Corona Energy Retail 4 Limited (the Supplier that was awarded the contract (see Cabinet minutes - Appendix 1) by way of a Deed of Rectification and Novation to be executed by all the relevant parties in order to correct the error in the name of the Supplier in the executed contract. Reasons for decision Corona Energy Retail 4 Limited are the company awarded under LASER framework Y22008 and are the company named in the 12 March 2024 Cabinet decision to award the call-off contract for the supply of gas from 1 April 2025 to 31 March 2029 (Appendix 1). It was a clerical error that led to the company name Corona Energy Limited being used on the contract and this error must be corrected to reflect the correct details of the parties that have entered into the contract. 5. Alternative options considered Do nothing. A contract that does not reflect the correct details of both contracting parties or can lead to issues in enforcing the contract or resolving disputes. Further, the company currently named on the contract, Corona Energy Limited, is in Members Voluntary Liquidation so not rectifying the contract may lead to issues with the liquidators contacting the Council. This option was therefore rejected. Minutes: It was explained on 12 March 2024, Cabinet approved the award of a four-year call-off contract for the supply of gas under the LASER Framework Agreement (Y22008) to Corona Energy Retail 4 Limited (CER4), commencing on 1 April 2025 and ending on 31 March 2029, with an estimated value of £19.76 million. Following contract preparation, it was identified that the supplier had been incorrectly named as Corona Energy Limited (CEL) instead of the intended contracting entity, Corona Energy Retail 4 Limited (CER4), as specified in the LASER Framework Agreement. Both companies formed part of the Corona Group.Subsequently, CEL entered Members’ Voluntary Liquidation as part of a corporate restructuring programme, with Ernst & Young LLP appointed as liquidator. Although the proposed variation had no financial impact, the contract's total value remained £19.76 million, with approximately £16 million outstanding over the remaining term. In accordance with the relevant Contract Standing Orders, Cabinet approval was therefore sought to execute a Deed of Rectification and Novation. This action corrected the supplier’s name on the contract from Corona Energy Limited to Corona Energy Retail 4 Limited and ensured the contract accurately reflected the intended supplier. DECLARATIONS OF INTEREST FOR THIS ITEM: NONE RESOLVED It was recommended that the Cabinet Member: That the Cabinet Member for Finance and Corporate Services approved, in accordance with the Council’s Contract Standing Order (CSO) 18.03, 2.01(d) CSO 0.08 and CSO 18.04.3, the variation and novation of the contract for the supply of natural gas from 1 April 2025 to 31 March 2029 by changing the name of the Supplier in the contract which is Corona Energy Limited to Corona Energy Retail 4 Limited (the Supplier that was awarded the contract (see Cabinet minutes - Appendix 1) by way of a Deed of Rectification and Novation to be executed by all the relevant parties in order to correct the error in the name of the Supplier in the executed contract. Reasons for decision Corona Energy Retail 4 Limited are the company awarded under LASER framework Y22008 and are the company named in the 12 March 2024 Cabinet decision to award the call-off contract for the supply of gas from 1 April 2025 to 31 March 2029 (Appendix 1). It was a clerical error that led to the company name Corona Energy Limited being used on the contract and this error must be corrected to reflect the correct details of the parties that have entered into the contract. 5. Alternative options considered Do nothing. A contract that does not reflect the correct details of both contracting parties or can lead to issues in enforcing the contract or resolving disputes. Further, the company currently named on the contract, Corona Energy Limited, is in Members Voluntary Liquidation so not rectifying the contract may lead to issues with the liquidators contacting the Council. This option was therefore rejected.