Minimum Revenue Provision Operating Model Review

A Contract Award Notice
by SHEFFIELD CITY COUNCIL

Source: Find a Tender
Type: Contract (Services)
Duration: not specified
Value: £215K

Sector: BUSINESS
Published: 28 Nov 2024
Delivery: not specified
Deadline: n/a

Concepts

Location

Sheffield:

Geochart for 1 buyers and 1 suppliers

1 buyer

Sheffield City Council Sheffield

1 supplier

Link Treasury Services Leeds

Description

Review the calculation of the Capital Financing Requirement (CFR) and the Minimum Revenue Provision (MRP) to ensure a prudent MRP charge to the revenue account.

Award Detail

1	Link Treasury Services (Leeds) Minimum Revenue Provision Operating Model Review Reference: 038504-2024-1-1 Value: £215,000

Award Criteria

Quality	50
price	50

CPV Codes

66000000 - Financial and insurance services

Legal Justification

A Direct Award was placed using Lot 2d (General Finance) of the ESPO Consultancy Services (664_21) Framework to the Council's current Treasury Advisers would are best placed to undertake this review within the timescales as they already understand our current working model and have built relationships with internal stakeholders who they will need to discuss things with.