Award

Finance Specialists

DEPARTMENT FOR INTERNATIONAL TRADE

This public procurement record has 2 releases in its history.

AwardUpdate

30 Jul 2024 at 14:35

Award Notice
Award

29 Feb 2024 at 10:47

Award Notice
Summary of the contracting process

The Department for International Trade (DIT) has completed a tender process to recruit specialist finance contractors under the title "Finance Specialists". This procurement, classified under "Accounting, auditing and fiscal services" (CPV code: 79200000) and "Recruitment services" (CPV code: 79600000), aimed to support the preparation and delivery of DIT's interim accounts and manage relationships with bodies like the National Audit Office and HMRC. The contract, valued at £247,351.5, commenced on 20 February 2024 and will conclude on 31 October 2024, with services to be delivered in London, United Kingdom. The procurement method was selective, utilising a call-off from a framework agreement, and the award update was published on 30 July 2024.

This tender presents several opportunities for business growth, particularly for SMEs specialising in financial, audit, and recruitment services. The contracting authority, DIT, seeks to establish high-quality financial accounting controls and processes, offering a substantial engagement for businesses that facilitate compliance with governmental controls. Companies with expertise in financial audits, accounting controls, and advisory services stand to benefit significantly from participating in such government-led initiatives, particularly in enhancing their portfolios with high-profile public sector contracts.

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Notice Information

Notice Title

Finance Specialists

Notice Description

To recruit Specialist finance contractors to work on Preparation and delivery of DBT's very first interim accounts. Manage DBT's relationship with the National Audit Office (NAO), HMRC and providing advice on compliance with HM Treasury and Cabinet Office controls. Establish and embed high quality financial accounting controls practices and processes in DBT, within and beyond the Finance team as well as supporting other finance related activity.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-286fcdc6-5774-4725-b60f-7faa0021bec0
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/4917916c-5338-4c32-b636-ed42f9ec5bbb
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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79200000 - Accounting, auditing and fiscal services

79600000 - Recruitment services

Notice Value(s)

Tender Value
£247,351 £100K-£500K
Lots Value
Not specified
Awards Value
£247,351 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
30 Jul 20241 years ago
Submission Deadline
19 Feb 2024Expired
Future Notice Date
Not specified
Award Date
20 Feb 20242 years ago
Contract Period
20 Feb 2024 - 31 Oct 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
DEPARTMENT FOR INTERNATIONAL TRADE
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 2DY
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

MLC PARTNERS

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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