Thursday, 16 May 2013

PWC appointed to advise on IEP

This from Our Man at 222 Marylebone Road...

I understand that DfT has just appointed Price WaterhouseCoopers as financial advisers for IEP.  

The announcement says that:

'DfT is looking to secure excellent value for money and the appointed firm will be required to provide proposals that offer cost reduction, efficiency and improvement opportunities throughout the contract term'.

Presumably it would be too much to expect PWC to say 'bin it'?

(Unlikely as PWC has form with the "biggest privately financed passenger rolling stock deal in history, anywhere in the world". Ed)