Finance and General Purposes Committee (F&GPC)

F&GPC papers

Members of F&GPC can download meeting papers here (please note you will need to be signed into the website).

F&GPC meets bi-monthly

The committee will:

Report to the Board of Trustees.
Assist the Officers in developing a strategy for the College.
Review and recommend changes to RCOG Regulations.
Perform, on behalf of the Board, matters of routine business.
Recommend to Trustees and Council changes in Chairs and committee membership depending on the relevant reporting structure.
Submit recommendations to establish working parties, their remit and membership to the Trustees and Council within their respective delegated authority.
To consider recommendations received from Officers and to make recommendations to Council of Honorary Fellows, Fellows ad eundem, Fellows honoris causa and Members without examination.
To approve and execute deeds excepting those that commit the College to over £100k expenditure.

Review annual revenue and capital budgets and recommend to the Trustees.
Receive and critically appraise monthly management accounts and any other financial statements as required or requested.
Review year end out-turns.
Review annual subscriptions, examination fees, registration fees and other charges to Fellows, Members and Trainees.
Consider exceptional expenditure not included in the approved annual budget, within the limits set out in the Standing Financial Instructions.
Annually review the Investment Policy Statement and recommend to the Trustees.
Review and approve restricted fund applications.

Note changes in staff, staff structure and consider changes to the terms and conditions of employment.
Review and recommend contracts with suppliers and government agencies that commit the College to expenditure of £250k or over, per annum.
Receive the minutes of the following committees:
- Investment Advisory Panel
- Journals Business Development Committee
Receive recommendations from all College committees where these have a personnel or unbudgeted and/or significant financial impact.

Please send all correspondence to the committee secretary.