By virtue of paragraph(s) 8, 9 of Part 1 of Schedule 12A of the Local Government Act 1972.
Explanation of Reasons
By Virtue of Paragraph 8
The amount of any expenditure proposed to be incurred by the authority under any particular contract for the acquisition of property or the supply of goods or services
Information within paragraph 8 is only exempt if, and for so long as, disclosure of the amount involved would be likely to give an advantage to a person entering into or seeking to enter into a contract with the authority in respect of the property, goods or services, whether the advantage would arise as against the authority or as against other such persons
By Virtue of Paragraph 9
Any terms proposed or to be proposed by or to the authority in the course of negotiations for a contract for the acquisition or disposal of property or the supply of goods or services
Information within paragraph 9 is only exempt if, and for so long as, disclosure to the public of the terms would prejudice the authority in those or other negotiations concerning that property or those goods or services. (The disposal of property includes granting an interest in or right over it)