PFI Finance Model

2025-02-21

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Published date: 21 February 2025

Open opportunity - This means that the contract is currently active, and the buying department is looking for potential suppliers to fulfil the contract.

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Contract summary

Industry

Accounting services - 79211000

Location of contract

England

Value of contract

£27,000

Procurement reference

LPOOL001-DN764808-39896356

Published date

21 February 2025

Closing date

3 March 2025

Closing time

2pm

Contract start date

11 April 2025

Contract end date

10 April 2027

Contract type

Service contract

Procedure type

Open procedure (below threshold)

What is an open procedure (below threshold)?

Any interested supplier may submit a tender in response to an opportunity notice.

This procedure can be used for procurements below the relevant contract value threshold.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

Yes

Description

The Council are looking to obtain specialist financial services to enable its three accounting models that are currently used to account for PFI contracts to be updated and made compliant with the new accounting standard for Leases (IFRS 16).