Over £80,000 F&A Committee Formal tendering, Procurement F&A Committee Framework Agreement or Formal EU Tender Process Local Authority Less than As above for contracts £5,000 thresholds of approval Signatories for bank Any Value CEO/EP, CFO Authorisation must include accounts, cheques, providing prior Principal or SLT signatories from any two BACS payment purchasing member members of SLT authorisations and limit (not the School other bank transfers authorisations Operations Manager/ have been Business Manager) gained Academy Staff External Prior approval by the CEO/EP appointments and advertisement CEO/EP changes to pay band of a post or allowances New Post Changes to pay band or allowance(s) not forming part of Performance Management process
Over £80,000 F&A Committee Formal tendering, Procurement Framework Agreement or Formal EU Tender Process F&A Committee Local Authority contracts Less than £5,000 As above for thresholds of approval Signatories for bank accounts, cheques, BACS payment authorisations and other bank transfers Any Value providing prior purchasing limit authorisations have been gained CEO/EP, CFO Principal or SLT member (not the School Operations Manager/ Business Manager) Authorisation must include signatories from any two members of SLT Academy Staff appointments and changes to pay band or allowances External advertisement of a post New Post Changes to pay band or allowance(s) not forming part of Performance Management process Prior approval by the CEO/EP CEO/EP