5.2.8 Executive Member for Business, Economic Development
To assist the Leader in overseeing the Council’s Asset Strategy with regard to all Council owned property, to take assist the Leader in acquisition and/or disposal of assets in line with Council policies, and to advise other Members of Council policy and targets in respect of asset management.
To oversee the Council’s external funding strategy to maximise income from government, EU and other sources.
Oversee the Economic Development Strategy and develop good working relationships with local businesses.
To lead on the Local Enterprise Partnership.
To lead on the City Deal.
To mentor, support and develop the Deputy Executive Member.
To act as the primary press spokesman on all matters relating to the whole of the Business and Economic Development and portfolio (including aspects that are delegated to the Deputy Executive Member for Business and Economic Development).
To take responsibility for overseeing the development of the contract procurement strategy within the Business and Economic Development portfolio, with particular regard to the following:
a) ensuring corporate and consistent standards for monitoring and evaluation of contracts;
b) examining with appropriate Officers ways in which contracts of all types can be better managed on a timely renewal basis to achieve greater value for money;
c) to examine potential new ways of procuring services including;
ii) market testing;
iii) public/private partnerships or the Private Finance Initiative;
iv) joint working with other public bodies;
d) monitoring and evaluating the performance and value for money of contracts that have been awarded.
To oversee the implementation of the Council’s Investment Strategy, including oversight of the Council’s Investment Portfolio, in conjunction with the Leader of the Council and the Executive Member for Finance and Housing.
To take on any other function, responsibility or role which the Leader may deem from time to time appropriate and to transfer any function, responsibility or role which the Leader may deem from time to time appropriate.