Expired contract

Consultancy on Council Companies Financing

Details

Value
£68,990
Duration
2 months
Topic
Financial consultancy services
Published
19 December 2023

Tender description

The Borough Council of King's Lynn and West Norfolk (the Council) is inviting tenders for: • an external review of the assumptions and financial modelling used in the officers' recommendations to Cabinet on the proposed financing for housing companies • Recommendations/details of debt/equity model for West Norfolk Property Ltd and loan/interest free loan/grant details for West Norfolk Housing Company.

Timeline

  1. Completed: Award date6 November 2023
  2. Completed: Award published19 December 2023
    Current notice
  3. Completed: Contract expiry date31 December 2023

About the buyer

Borough Council of King's Lynn and West Norfolk buys as a local authority and manages all of its formal tenders online. Mid-range purchases go out for quotation to at least three organisations. Individual departments buy low-value items directly, without the central procurement team. The Procurement Strategy for 2025 to 2027 aims to secure best value and increase local spend.

Over the past 5 years, most of Borough Council of King's Lynn and West Norfolk's contract awards have been in construction work, transport equipment and business services.

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