Award

Review of BEIS Payment and Reclaim processes

BUSINESS ENERGY AND INDUSTRIAL STRATEGY

This public procurement record has 1 release in its history.

Award

08 Apr 2021 at 15:22

Award Notice
Summary of the contracting process

The Business Energy and Industrial Strategy (BEIS) has recently completed the procurement process for the contract titled "Review of BEIS Payment and Reclaim processes." This project falls under the Financial management consultancy services category and was conducted in London, United Kingdom. The procurement method used was selective, with the contract awarded on 16th February 2021, and the service period running from 17th February 2021 to 31st March 2021. The total value of the contract was £50,000, intended for expert advice on constructing a loan facility.

This tender represents a prime opportunity for businesses specialising in financial management consultancy, particularly small and medium-sized enterprises (SMEs) that can demonstrate expertise in financial advisory services. Businesses with experience in loan facilities and public sector finance will find this sector appealing, as the project involves intricate advisory roles that are essential in addressing specific financial parameters tied to government schemes. Engaging with the BEIS can lead to further opportunities within public sector consultancy projects.

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Notice Information

Notice Title

Review of BEIS Payment and Reclaim processes

Notice Description

BEIS has awarded a contract from CCS Management Consultancy 2 framework for expert advice on construction of a loan facility, considering the parameters of the terms (including but not limited to: interest rate, repayment schedule, maturity date, security, seniority, fees) that the Authority should apply with reference, where possible, to the typical debt market approach to similar situations and any relevant HMG schemes, and appropriate conditions that could be attached to any financing.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1e875179-d1fe-48e3-ba18-fc974534d0f2
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/39c442e7-b606-4654-8a08-2c8188123b23
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
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79412000 - Financial management consultancy services

Notice Value(s)

Tender Value
£50,000 Under £100K
Lots Value
Not specified
Awards Value
£50,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
8 Apr 20214 years ago
Submission Deadline
12 Feb 2021Expired
Future Notice Date
Not specified
Award Date
16 Feb 20215 years ago
Contract Period
17 Feb 2021 - 31 Mar 2021 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
BUSINESS ENERGY AND INDUSTRIAL STRATEGY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW1H 0ET
Post Town
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
TLI London
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

MAZARS

Further Information

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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