Award

COV - 21776 - Review for the proposed sale and leaseback transaction

COVENTRY CITY COUNCIL

This public procurement record has 1 release in its history.

Award

18 Feb 2025 at 16:21

Award Notice
Summary of the contracting process

Coventry City Council has completed the procurement process titled "COV - 21776 - Review for the proposed sale and leaseback transaction" within the financial and insurance services category. This procurement was conducted using a direct procurement method under a single tender action. The service involves providing a red flag review for the proposed sale and leaseback transaction in the West Midlands, United Kingdom. The tendering process culminated with an award on 9th December 2024, and the contract will run from 10th December 2024 to 28th February 2025. The total contract value amounts to £41,500 GBP.

This tender presents an opportunity for growth for businesses in the financial and insurance services industry, particularly those with expertise in handling complex transactions such as sale and leaseback reviews. Although Coventry City Council opted for a direct award to KPMG LLP, a large-scale supplier, future similar tenders could provide avenues for other firms to demonstrate their specialised services. Businesses that are well-suited for this type of procurement include those with a strong track record in financial reviews and consultancy services.

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Notice Information

Notice Title

COV - 21776 - Review for the proposed sale and leaseback transaction

Notice Description

Services to provide red flag review for the proposed sale and leaseback transaction

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-172bef0e-a06d-44b4-b776-0bb24ebf410a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b3cce7de-f5dc-4b93-9cf9-44bfde2ce68b
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£41,500 Under £100K
Lots Value
Not specified
Awards Value
£41,500 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
18 Feb 20251 years ago
Submission Deadline
9 Dec 2024Expired
Future Notice Date
Not specified
Award Date
9 Dec 20241 years ago
Contract Period
10 Dec 2024 - 28 Feb 2025 1-6 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
COVENTRY CITY COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
COVENTRY
Postcode
CV1 2GN
Post Town
Coventry
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG33 Coventry
Delivery Location
TLG West Midlands (England)
Local Authority
Coventry
Electoral Ward
St Michael's
Westminster Constituency
Coventry South

Supplier Information

Number of Suppliers
1
Supplier Name

KPMG

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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