Award

CPU 8118 Independent Financial Advisor - Deputyship

NOTTINGHAM CITY COUNCIL

This public procurement record has 1 release in its history.

Award

16 Apr 2026 at 11:04

Summary of the contracting process

Nottingham City Council, acting as the buyer, has awarded a contract for the provision of independent financial advisor services under the title "CPU 8118 Independent Financial Advisor - Deputyship". This contract pertains to investment banking and related services, specifically targeting vulnerable adults to review assets and provide investment advice. The procurement falls within the category of services, utilising an open procedure below the threshold. Located in the East Midlands, United Kingdom, the contract initiation began with an award on 11th March 2026, with the contract formally published on 16th April 2026. The contract commences on 1st April 2026 and concludes on 31st March 2031, with a total value of £65,000.

This tender provides a substantial opportunity for businesses particularly SMEs that specialise in financial consultancy and investment management services. Samra Wealth Management, currently named as the supplier, exemplifies the kind of business well-suited for engaging with such contracts, given their expertise in portfolio management services and dealing with financial transactions and advisory services. This procurement creates room for strategic business expansion for financial advisory firms able to cater to niche markets and possess capabilities to handle investment advice for vulnerable groups within the public sector.

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Notice Title

CPU 8118 Independent Financial Advisor - Deputyship

Notice Description

Independent Financial Advisor service for vulnerable adults - review assets and investment advice

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-177ba0f8-8a80-431d-9ec1-5f6d7f81b198
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/aef0b23a-341e-4d0a-9b5a-4199bd67f203
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 (below threshold)
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66120000 - Investment banking services and related services

66140000 - Portfolio management services

66170000 - Financial consultancy, financial transaction processing and clearing-house services

Notice Value(s)

Tender Value
£65,000 Under £100K
Lots Value
Not specified
Awards Value
£65,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
16 Apr 20261 weeks ago
Submission Deadline
11 Mar 2026Expired
Future Notice Date
Not specified
Award Date
11 Mar 20261 months ago
Contract Period
31 Mar 2026 - 31 Mar 2031 Over 5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
NOTTINGHAM 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
NOTTINGHAM
Postcode
NG2 3NG
Post Town
Nottingham
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF14 Nottingham
Delivery Location
TLF East Midlands (England)

Local Authority
Nottingham
Electoral Ward
Castle
Westminster Constituency
Nottingham East

Supplier Information

Number of Suppliers
1
Supplier Name

SAMRA WEALTH MANAGEMENT

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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