Standing Order 25 - Key Decision
25. (1) A key decision means an executive decision which is likely:
(a) to result in the council incurring expenditure which is, or the making of savings which are significant having regard to the council's budget for the service or function which the decision relates; or
(b) to be significant in terms of its effects on communities living or working in an area comprising two or more wards or electoral divisions in the area of the council.
For the purposes of paragraph (1) (a), the threshold for "significant" is £1.6million
(2) Where a decision maker intends to make a key decision, that decision must not be made until a document has been published in accordance with Standing Order 25(3) - Further details can be found in Appendix 'C' of the Constitution, see link below.