Award

Capitalisation Review

DEPARTMENT FOR WORK AND PENSIONS

This public procurement record has 1 release in its history.

Award

30 Apr 2025 at 08:43

Summary of the contracting process

The procurement process for the "Capitalisation Review" is conducted by the Department for Work and Pensions, based in Blackpool, England. This tender falls under the industry category of accounting, auditing, and fiscal services, and it involves a qualitative review phase to assess the current system. The procurement was executed through a selective method via a call-off from a framework agreement. The geographic scope spans British Overseas Territories, Channel Islands, Europe, Isle of Man, Rest of the World, and the United Kingdom. Key dates of the process include the tender period concluding on 11 March 2025, with the contract effective from 12 March 2025 to 30 April 2025. The award was announced on 30 April 2025, marking the completion of the process.

This tender presents significant opportunities for large firms specialised in accounting and fiscal services to enhance their portfolio by collaborating on a prestigious project. While small and medium-sized enterprises or voluntary community and social enterprises may not have been deemed suitable for this specific tender, large-scale organisations, like Grant Thornton, have successfully been awarded the project. Such engagements can foster business growth through extended reach across various geographic locations and activity in high-profile government projects. Businesses with expertise in delivering comprehensive review services and a capacity to work within predefined frameworks are particularly well-suited to compete for similar contracts.

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Notice Title

Capitalisation Review

Notice Description

A 2-week discovery phase led by Grant Thornton to carry out a qualitative review of the current system and work done in Phase 1 and produce an initial view and recommendations for Capital Group to consider with a view to them agreeing the remit of any further work.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-191c8b47-21b4-4de1-b6bf-2607fe612c7f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ce433189-03a0-4981-92fa-2ddcb173c6b1
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79200000 - Accounting, auditing and fiscal services

Notice Value(s)

Tender Value
£37,500 Under £100K
Lots Value
Not specified
Awards Value
£35,700 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
30 Apr 20259 months ago
Submission Deadline
11 Mar 2025Expired
Future Notice Date
Not specified
Award Date
13 Mar 202511 months ago
Contract Period
12 Mar 2025 - 30 Apr 2025 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
DEPARTMENT FOR WORK AND PENSIONS
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BLACKPOOL
Postcode
FY4 5ES
Post Town
Blackpool
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD4 Lancashire
Small Region (ITL 3)
TLD42 Blackpool
Delivery Location
Not specified

Local Authority
Blackpool
Electoral Ward
Stanley
Westminster Constituency
Blackpool South

Supplier Information

Number of Suppliers
1
Supplier Name

GRANT THORNTON

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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