Award

Mini Competition for Development of a Medium Term Financial Strategy and Plan - AWARD

SANDWELL METROPOLITAN BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Award

11 Nov 2024 at 13:30

Summary of the contracting process

Sandwell Metropolitan Borough Council (SMBC) has awarded a contract for the development of a Medium Term Financial Strategy and Plan to Newton Consulting Limited. This procurement process falls under the business development consultancy services category and is classified as complex and transformative in nature. The contract, procured through an open procedure via the Crown Commercial Services Management Consultancy Framework (MCF3) Lot 3, was finalized on 18 October 2024. The contract began on 14 October 2024 and will end on 30 November 2024, with the project taking place in the West Midlands, UK. Sandwell MBC used their In-tend e-Tendering System for this process, with responses required by 18 September 2024.

This tender presents significant opportunities for businesses specializing in financial and business consultancy services, particularly those experienced in technical analysis and transformational projects. The project’s focus on developing a financial strategy for SMBC positions it as an attractive opportunity for firms looking to expand their portfolios within public sector financial planning. Moreover, the successful completion of this project could enhance a firm's reputation in handling complex and large-scale consultancy projects, opening doors for future contracts in similar areas. While the competition was open, it was particularly suited for experienced, large consultancy firms not classified as SMEs or VCSEs.

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Notice Title

Mini Competition for Development of a Medium Term Financial Strategy and Plan - AWARD

Notice Description

Development of a Medium Term Financial Strategy and Plan This is a Mini Competition via the Crown Commercial Services Management Consultancy Framework Three (MCF3) Lot 3: Complex & Transformation, agreement number RM6187. Expressions of interest were carried out on 22 July 2024 to suppliers on the Management Consultancy Framework Three (MCF3) Lot 3: Complex & Transformation. Suppliers who responded to the Expressions of interest and meet the requirements set out in 4.7 of the Expressions of EOI were scored a Pass and Invited to participate in a Mini-Competition exercise. The Council will be using the In-tend e-Tendering System for this Procurement exercise, please visit https://in-tendhost.co.uk/sandwellmbc to access the Sandwell MBC In-tend Supplier Portal. In Order To View and Submit a Tender, you will be required to' Opt-In'. For a Step by Step user guide to the Sandwell MBC In-tend Supplier Portal please click on the 'Guidance for Suppliers' section of the website. All procurement responses must be carried out via the Sandwell MBC In-tend Supplier Portal. If you require further assistance in respect of the system please contact the In-tend support team on 0844 272 8810. Closing date: Wednesday 18 September 2024 at 15:00hrs

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-16ee8c4c-6e55-46e4-95a6-b2a4465166be
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c980fea0-bbfa-4e9c-b08b-ca88e155329c
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

71 - Architectural, construction, engineering and inspection services

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


CPV Codes

66171000 - Financial consultancy services

71621000 - Technical analysis or consultancy services

79411100 - Business development consultancy services

Notice Value(s)

Tender Value
£150,000 £100K-£500K
Lots Value
Not specified
Awards Value
£151,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
11 Nov 20241 years ago
Submission Deadline
18 Sep 2024Expired
Future Notice Date
Not specified
Award Date
17 Oct 20241 years ago
Contract Period
13 Oct 2024 - 30 Nov 2024 1-6 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
SANDWELL METROPOLITAN BOROUGH COUNCIL
Contact Name
Michelle Hackwood
Contact Email
michelle_hackwood@sandwell.gov.uk
Contact Phone
0121 569 2873

Buyer Location

Locality
WEST MIDLANDS
Postcode
B69 3DB
Post Town
Birmingham
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG37 Sandwell
Delivery Location
TLG West Midlands (England)

Local Authority
Sandwell
Electoral Ward
Oldbury
Westminster Constituency
West Bromwich

Supplier Information

Number of Suppliers
1
Supplier Name

NEWTON CONSULTING

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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