Award

C0506 Due Diligence - Commercial and Tax Model Assumptions.

UK INFRASTRUCTURE BANK LIMITED

This public procurement record has 2 releases in its history.

AwardUpdate

29 May 2024 at 14:03

Award

28 Dec 2023 at 16:42

Summary of the contracting process

The UK Infrastructure Bank Limited has awarded a contract for the provision of Commercial and Tax Model Assumptions assurance due diligence services. The contract value was increased to £119,222 with an end date of 30/06/2024. The procurement method used was selective, with a call-off from a framework agreement. The buyer is located in Leeds, England, and the procurement falls under the business and management consultancy services category. The tender period ended on 04/12/2023, and the contract period spans from 05/12/2023 to 30/06/2024.

This tender presents an opportunity for small and medium-sized enterprises (SMEs) in the business and management consultancy services sector to compete. The UK Infrastructure Bank Limited sought assurance due diligence services, indicating a need for expertise in commercial and tax model assumptions. Businesses with experience in providing such services and operating within the UK market would be well-suited to tender. The contract was awarded to Constellia Limited, highlighting the competitive nature of the procurement process.

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Notice Title

C0506 Due Diligence - Commercial and Tax Model Assumptions.

Notice Description

Provision of Commercial and Tax Model Assumptions assurance due diligence services. Contract variation implemented increasing the contract value from PS81,200 to PS119,222 with a new end date of 30/06/2024.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-13ae792c-cbb4-4e7e-9ee5-e05a32cebf84
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3bc2cdd3-67e7-49f8-a11e-40c4c5f5a52a
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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79400000 - Business and management consultancy and related services

Notice Value(s)

Tender Value
£119,222 £100K-£500K
Lots Value
Not specified
Awards Value
£119,222 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
29 May 20241 years ago
Submission Deadline
4 Dec 2023Expired
Future Notice Date
Not specified
Award Date
4 Dec 20232 years ago
Contract Period
5 Dec 2023 - 30 Jun 2024 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
UKIB Procurement Team
Contact Email
procurement@ukib.org.uk
Contact Phone
Not specified

Buyer Location

Locality
LEEDS
Postcode
LS1 4DW
Post Town
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

CONSTELLIA

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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