This public procurement record has 1 release in its history.

Award

02 Sep 2026 at 14:31

Summary of the contracting process

National Wealth Fund Limited procured advisory services for the defence sector. The requirement falls within business and management consultancy services and is categorised as a service rather than goods or works. Delivery is associated with Leeds, England, where the buyer is based. The work is intended for organisations providing consultancy and advisory support relevant to defence-sector activities. This is a focused professional-services requirement rather than a supply, construction or operational delivery contract. Businesses specialising in management consultancy, strategic advice or related advisory services for defence-sector clients would find the subject matter most relevant, particularly those able to work with a public-sector financial organisation based in Leeds.

The procurement is complete and has been awarded. It used a selective procedure as a call-off from a framework agreement. The tender submission deadline was 25 August 2026. National Wealth Fund Limited awarded the contract to McKinsey & Company, Inc. United Kingdom on 26 August 2026. The awarded value is £173,000. The contract runs from 26 August 2026 to 25 February 2027. The requirement was treated as suitable for small and medium-sized enterprises, while participation was not reserved for voluntary, community or social enterprises. The available procurement information identifies the service scope and framework call-off route; the award record names one active supplier and one awarded contract.

This award confirms that National Wealth Fund Limited buys specialist business and management consultancy services for defence-sector advisory work through a framework call-off route. A credible competitor for a future requirement would need a demonstrable ability to provide advisory services in the defence sector, with consultancy methods and capacity suited to a professional assignment for this buyer. Framework access or an established route into the relevant framework would be commercially important, since this procurement was made through a call-off rather than an open standalone tender. The requirement was marked as suitable for SMEs, so smaller consultancies with relevant defence-sector experience, suitably qualified advisers and enough delivery capacity may be well placed to compete when comparable work returns.

How relevant is this notice?

Notice Title

Advisory services

Notice Description

Advisory services within the defence sector.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0970bacf-bc58-462b-9657-04b6807dcbdf
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c48e64ab-2121-4d3c-8e65-bd91c09d7c0f
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79410000 - Business and management consultancy services

Notice Value(s)

Tender Value
£173,000 £100K-£500K
Lots Value
Not specified
Awards Value
£173,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
2 Sep 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
26 Aug 20263 weeks ago
Contract Period
26 Aug 2026 - 25 Feb 2027 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
UK INFRASTRUCTURE BANK LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LEEDS
Postcode
LS1 4HR
Postcode Area
Leeds
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE4 West Yorkshire
Small Region (ITL 3)
TLE42 Leeds
Delivery Location
Not specified

Local Authority
Leeds
Electoral Ward
Hunslet & Riverside
Westminster Constituency
Leeds South

Supplier Information

Number of Suppliers
1
Supplier Name

McKinsey & Company, Inc. United Kingdom

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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