# Financial Consultancy

> Contract award record from UK public-sector procurement sources.

## Key facts

- Public buyer: [Nottingham City Council](/buyers/nottingham-city-council/contract-awards)
- Contract winner: [ERNST & YOUNG LLP](/contract-winners/ernst-young/public-sector-contract-awards)
- Award value: £72,091
- Award date: 8 March 2019
- Published: 25 September 2019
- Contract start: 20 March 2019
- Contract end: 28 November 2019
- Stage: awarded
- Procurement category: services
- Notice ID: c77e9b16-6ccf-422b-93bc-0a602ff60b4d-316055
- OCID: ocds-b5fd17-a1a15fd2-060a-4dd5-bd03-bab8809fc481

## Description

In 2010 Nottingham City Council entered into a Street Lighting PFI contract with Tay Valley Lighting \(Nottingham\) \(TVL\)\. This required the contractor to have a replacement programme for street lights and an ongoing maintenance contract for 25 years\. The Authority will receive reports from TVL as they progress through the re-financing\. We will require the expert to carry out due diligence and challenge where required to ensure any deal that the Authority enters into provides value for money\. To enter into any deal, successful provider will be required to assist in the production of a more detailed report\. Approval will need to be obtained from both the Council and the Department for Transport \(DfT\) for the refinancing to take place\.

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/c77e9b16-6ccf-422b-93bc-0a602ff60b4d-316055)