OPDC Accountancy Support- Subsidiaries Financial Services

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Buyers

Katy Reed

Value

£350,000

Classifications

Financial consultancy, financial transaction processing and clearing-house services
Accounting services
Financial management consultancy services

Tags

tender

Submission Deadline

1 month from now

Published

1 day ago

Description

As part of its land assembly programme, OPDC has acquired land interests either by directly purchasing within the Old Oak and Park Royal area, or by purchasing a number of Special Purpose Vehicles (SPVs) which in turn hold the land interest.
To date, OPDC has purchased the following SPVs, all of which are 100% owned by OPDC:
OPDC requires good financial management of each SPV in order to meet statutory requirements for preparing accounts and paying relevant taxes. This directors of the SPVs, who are OPDC Executive Directors, also have certain responsibilities for which they are personally liable.
In addition, the financial results from each SPV are incorporated into OPDC's and the GLA's financial reporting and accounts. Therefore good financial management and control of these subsidiaries is essential for OPDC.

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Contract Agreement

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Organisation

Katy Reed

Public authority - sub-central government

Benjamin Osae-KLwapong

[email protected]

Timeline active

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