IFRS 16 Modelling for PFI Contracts by West Northamptonshire Council
Awarded 31 Mar 2024
About
West Northamptonshire Council awarded a contract to RSM UK Corporate Finance LLP for IFRS 16 modelling for PFI contracts.
The contract ensured that West Northamptonshire Council's Statement of Accounts, specifically PFI contracts, were compliant with the new IFRS 16 regulations.
The chosen supplier had worked closely with WNC on the PFI contracts for several years and would not be value for money if approached any other supplier.
This is a specialist area of accounting and there are few suppliers that could deliver the service in the time required.
The contract value was AUD 60,000.
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