# Financial Management Model Review

> A sourced UK public-sector contract award published by Middlesbrough Council.

## Key facts

- Public buyer: [Middlesbrough Council](/buyers/middlesbrough-council/contract-awards)
- Contract winner: [Cipfa Business Ltd](/contract-winners/cipfa-business/public-sector-contract-awards)
- Award value: £58,000
- Tender value: £58,000
- Award date: 25 August 2024
- Published: 18 November 2024
- Contract start: 8 April 2024
- Contract end: 31 March 2025
- Stage: awarded
- Procurement category: services
- Notice ID: d94e5dd1-3385-474b-b015-fada644307ed-803229
- OCID: ocds-b5fd17-5348db56-49e1-4fcc-bd6e-87e10999f745

## Description

DLUHC has specified that the Council is required to undergo an independent assessment of its financial position and financial management arrangements as a required action in relation to the 'in principle' approval of the Council's Exceptional Financial Support application for £13\.4m of EFS to support the 2024/25 budget that was required to avoid a s114 Notice being issued\.

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/d94e5dd1-3385-474b-b015-fada644307ed-803229)