Treasury eyes up valuer for troubled Dunfermline bank
The accountancy profession could look to pick up more valuation work from the Treasury
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:
BDO confirmed as Northern Rock
valuer