In 2011, Balfour Beatty signed a PFI contract with the Northamptonshire County Council to manage and upgrade the street lighting in the Northanmpton area. Among the benefits of this projects is the reduced energy usage by up to 55%.
The construction phase of the project ended in October 2016 and the project has since entered into full operations.
On behalf of Balfour Beatty, Operis was pleased to undertake an audit of the operating model used to monitor the financial elements of the project, including a review of the model’s tax and accounting treatments.