About Caledonian Economics

Caledonian Economics began trading in 1998. Since then it has established itself as a leading Scottish-based financial advisory firm supporting the public sector. A management buy-out in 2007 placed the firm in the hands of the current board and strengthened our position in the local authority and regulated utilities sectors.

Our dedicated team provides expert support and services across a spectrum of economic, value for money and financial business. We have great depth of experience in delivering successful projects, and have advised on capital projects in the accommodation, health, education, waste, social care and utilities sectors with a capital value of over £1 billion.

We have advised over half of Scotland’s local authorities and many other public bodies in Scotland on affordability and vfm aspects of capital procurements using revenue-funded and directly-procured structures.

We have a particular strength in projects which use emerging and innovative commercial structures and we were involved in the planning the early schools ‘non profit distributing’ PPP project. We have subsequently provided financial advice to two NPD projects for Aberdeen City Council and Moray Council. We advised Scottish Water on their 'Solutions 2' joint venture procurement and North Lanarkshire Council on the establishment of three joint ventures for the provision of housing, gas and roads maintenance. We also recently advised Orkney Islands Council and NHS Orkney on the creation of a joint procurement vehicle for healthcare and education facilities. Our advice on these projects covers the full spectrum of financial issues including value for money, affordability, accounting and tax.