Framework Agreement Ferguson Marine Group Companies and the Scottish Government, 2024

This Framework Agreement sets out the broad framework within which the relationship will function and defines key roles and responsibilities of and between Ferguson Marine Port Glasgow (FMPG) and Strategic Commercial Assets Division (SCAD) of Directorate General Economy in Scottish Government.


10. Annex A

Specific Delegated Financial Authorities per transaction

Delegation

Limits

External business and management consultancies including legal

£150,000

Non-competitive action

£200,000

Operating leases – other than property/ accommodation related leases

£200,000

Gifts

£1,000

Special payments

£1000

Claims waived or abandoned

£10,000

Write-off of bad debt and/or losses

£10,000

Guarantees out-with normal course of business

nil

Charges on assets/Acquisition

nil

Loans

nil

Grants

nil

Financial investments and equity shares

nil

Major investment programmes/ projects not incorporated in approved plans/capital investment

£50,000

Contact

Email: vikki.halliday@gov.scot

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