Consultancy for Termination Settlement of Welbeck PFI Contract
Awarded 30 Sep 2021
About
Ministry of Defence awarded a contract to PricewaterhouseCoopers LLP for consultancy in support of terminating the Private Finance Initiative (PFI) contract for Welbeck.
The Defence Academy required contractual negotiations with Minerva Education and Training Ltd to finalise the commercial settlement following the termination of the Defence Sixth Form College PFI on 31st August 2021, including agreeing final compensation and associated tax gross up amounts.
This work is part of closing the Defence Technical Officer and Engineer Entry Scheme and replacing it with the new STEM Graduate Inflow Scheme.
The output-based contract was awarded via a direct call-off from Crown Commercial Services Framework RM6187 and has a duration of no longer than 9 months.
The contract value is AUD 114,469.25.
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