Treasury eyes up valuer for troubled Dunfermline bank

The Treasury has announced it is inviting tenders to value the assets of troubled Scottish lender Dunfermline Building Society, which could see another accountancy firm pick up the lucrative work.

Contenders for the role could come from the accountancy profession.

BDO Stoy Hayward won the Northern Rock job, at a cool £4.5m

Bradford & Bingley's valuation contract was picked up by PwC in a £4.8m deal.

Michael Izza, chief executive of the ICAEW, will again head up the tendering process as he did on the first two tenders.

Further reading:

View the tender here

BDO confirmed as Northern Rock valuer