Award

4037/STA - Financial Education Provider

UNIVERSITY OF SHEFFIELD

This public procurement record has 2 releases in its history.

Award

06 Jun 2024 at 10:06

Award Notice
Tender

13 Mar 2024 at 11:11

Tender Notice
Summary of the contracting process

The University of Sheffield recently awarded a contract to Wealth at Work Limited for the provision of financial education services. The tender, titled "4037/STA - Financial Education Provider," falls under the Adult and other education services category. The procurement method used was an open procedure (below threshold) with a contract value of £100,000. The tender closed on 15th April 2024, with a contract period starting on 1st October 2024 and ending on 30th September 2027. The University of Sheffield, located in Sheffield, Yorkshire and the Humber, initiated this tender as a buyer, creating opportunities for Small and Medium-sized Enterprises (SMEs) and Voluntary, Community, and Social Enterprise (VCSE) organisations.

This tender by the University of Sheffield presents an opportunity for businesses to compete for providing financial education services tailored to employee benefit schemes. Businesses in the adult and other education services industry could find this tender well-suited for growth. With a contract value of £100,000 and a focus on financial education programmes tied to pensions and taxation, businesses capable of delivering these specialised services could potentially benefit from participating in this procurement opportunity. The tender process was an FTS Open exercise under the Light Touch regime, emphasising transparency and competitiveness.

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Notice Information

Notice Title

4037/STA - Financial Education Provider

Notice Description

The University of Sheffield recently concluded a tender exercise for the services of a Financial Education provider to deliver a financial education programme to employees, specific to the UoS financial benefit schemes, including pensions and taxation as a minimum. This is exercise was an FTS Open tender exercise under the Light Touch regime and after a competitive exercise a supplier has been selected.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1c71faec-fac2-4cb5-88f6-679a5461737a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8b1742c8-021f-4221-8a6e-11a0a3a47df5
Current Stage
Award
All Stages
Tender, 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, VCSE
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

80 - Education and training services

CPV Codes

80400000 - Adult and other education services

Notice Value(s)

Tender Value
£100,000 £100K-£500K
Lots Value
Not specified
Awards Value
£67,500 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
6 Jun 20241 years ago
Submission Deadline
15 Apr 2024Expired
Future Notice Date
Not specified
Award Date
7 May 20241 years ago
Contract Period
30 Sep 2024 - 30 Sep 2027 2-3 years
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
UNIVERSITY OF SHEFFIELD
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SHEFFIELD
Postcode
S10 2TN
Post Town
Sheffield
Country
England
Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE3 South Yorkshire
Small Region (ITL 3)
TLE32 Sheffield
Delivery Location
TLE Yorkshire and The Humber
Local Authority
Sheffield
Electoral Ward
Broomhill and Sharrow Vale
Westminster Constituency
Sheffield Central

Supplier Information

Number of Suppliers
1
Supplier Name

WEALTH AT WORK

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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