---
title: "Minimum Revenue Provision Operating Model Review"
ocid: "ocds-h6vhtk-04c0e5"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-04c0e5"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-04c0e5.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-04c0e5.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "SHEFFIELD CITY COUNCIL"
published: "2024-11-28"
---

# Minimum Revenue Provision Operating Model Review

Buyer: SHEFFIELD CITY COUNCIL  
Current stage: Award  
OCID: ocds-h6vhtk-04c0e5

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-04c0e5)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-04c0e5.json)

## Summary

This public procurement process, initiated by Sheffield City Council, concerns the "Minimum Revenue Provision Operating Model Review" in the Financial and Insurance Services industry category. Located in Sheffield (region UKE32), the procurement process has been completed. The procurement was executed through a direct award using Lot 2d (General Finance) of the ESPO Consultancy Services (664_21) Framework, specifically selecting Link Treasury Services Ltd, due to their existing understanding of the council's current working model. The contract, worth £215,000, was signed on 28th November 2024 to review the calculation of the Capital Financing Requirement (CFR) and the Minimum Revenue Provision (MRP) to ensure a prudent MRP charge to the revenue account.

Businesses in the financial and insurance services sector, particularly those familiar with public finance and treasury management, stand to gain substantial opportunities from such reviews. The tender offers significant potential for specialised firms like consultancy agencies, financial advisors, and auditors. Companies with established connections and experience with local authorities, or those looking to expand their service offerings in public sector finance, would find this procurement beneficial. Collaborative opportunities are also present for local or regional businesses aiming to partner with established entities like Link Treasury Services Ltd to support the delivery of financial consultancy and advisory services.

## Notice

Review the calculation of the Capital Financing Requirement (CFR) and the Minimum Revenue Provision (MRP) to ensure a prudent MRP charge to the revenue account.

### Lot Information

Lot 1

Review the calculation of the Capital Financing Requirement (CFR) and the Minimum Revenue Provision (MRP) to ensure a prudent MRP charge to the revenue account.

### Procurement Information

A Direct Award was placed using Lot 2d (General Finance) of the ESPO Consultancy Services (664_21) Framework to the Council's current Treasury Advisers would are best placed to undertake this review within the timescales as they already understand our current working model and have built relationships with internal stakeholders who they will need to discuss things with.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/038504-2024 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Limited |
| Procurement method details | Award procedure without prior publication of a call for competition |
| Tender suitability | Not specified |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 28 Nov 2024 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 28 Nov 2024 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £215,000 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | SHEFFIELD CITY COUNCIL |
| Locality | SHEFFIELD |
| Post town | Sheffield |
| Postcode | S1 2HH |
| Country | England |
| ITL 1 | TLE Yorkshire and The Humber |
| ITL 2 | TLE3 South Yorkshire |
| ITL 3 | TLE32 Sheffield |
| Local authority | Sheffield |
| Electoral ward | City |
| Westminster constituency | Sheffield Central |
| Delivery location | TLE32 Sheffield |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | LINK TREASURY SERVICES |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services

## Release History

- 28 Nov 2024 at 16:37 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/038504-2024

## Notice URLs

- http://sheffield.gov.uk
- https://uk.eu-supply.com/ctm/Company/CompanyInformation/Index/104130
- https://www.sheffield.gov.uk

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-h6vhtk-04c0e5. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-04c0e5.json.