Award

HMT Finance Advisory Service

HM TREASURY

This public procurement record has 1 release in its history.

Award

10 Nov 2023 at 17:59

Award Notice
Summary of the contracting process

The HM Treasury has awarded a contract for the provision of financial consultancy services under the title "HMT Finance Advisory Service". The procurement process was selective, calling off from a framework agreement. The contract value is £3,000,000, with a contract period starting from May 2, 2023, and ending on February 1, 2024. The award was granted to Ernst & Young LLP. The location of the buying organisation is at 1 Horse Guards Road, London, England.

This tender presents business growth opportunities for firms specializing in financial consultancy services considering the contract value and the specific industry category. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprise organizations (VCSEs) are particularly encouraged to engage due to the specified suitability criteria. Companies with expertise in financial advisory services and a track record in undertaking similar projects would be well-suited to compete for this procurement opportunity.

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Notice Information

Notice Title

HMT Finance Advisory Service

Notice Description

Financial consultancy services

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-21222e37-e140-41b4-8ec6-5874bad0b578
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/db240689-385f-404e-bf5a-755252099b0b
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, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£3,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
£3,000,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
10 Nov 20232 years ago
Submission Deadline
1 May 2023Expired
Future Notice Date
Not specified
Award Date
1 May 20232 years ago
Contract Period
1 May 2023 - 1 Feb 2024 6-12 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
HM TREASURY
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
SW1A 2HQ
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
Not specified
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

ERNST & YOUNG

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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