Award

GB-London: Tate Galleries - Strategic Review of the Tate Gallery Operating and Financial Model

THE BOARD OF TRUSTEES OF THE TATE GALLERY

This public procurement record has 1 release in its history.

Award

26 Jul 2024 at 13:55

Award Notice
Summary of the contracting process

The Board of Trustees of the Tate Gallery in London has completed a procurement process for a strategic review of its operating and financial model under the industry category of financial consultancy services. The contract, entitled "GB-London: Tate Galleries - Strategic Review of the Tate Gallery Operating and Financial Model," was awarded on 20th June 2024 and is valued at £141,000. The contract period commenced on 1st July 2024 and will conclude on 29th November 2024. This procurement process reached the award stage and was managed by the Board of Trustees of the Tate Gallery, with the tender classified as a service in the financial consultancy domain.

This tender presents significant opportunities for businesses specialising in financial consultancy services, especially those capable of strategic analysis and optimisation of operational and financial models. Given the comprehensive nature of the project, large consultancy firms like Q5 CONSULTING LTD, which was awarded the contract, are well-suited to compete for similar future tenders. The project’s scale and the prestigious nature of partnering with a renowned institution like the Tate Gallery can greatly enhance a consultancy’s portfolio and market credibility.

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Notice Information

Notice Title

GB-London: Tate Galleries - Strategic Review of the Tate Gallery Operating and Financial Model

Notice Description

The Board of Trustees of the Tate Galleries requires an experienced change/financial consultant to undertake a strategic review of the Gallery's operating and financial model.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-28c41296-fce1-4aed-80c0-79a1586463f1
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ef9f725b-780c-4ae6-9a1a-e493bf157876
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
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
£141,000 £100K-£500K
Lots Value
Not specified
Awards Value
£141,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
26 Jul 20241 years ago
Submission Deadline
19 Jun 2024Expired
Future Notice Date
Not specified
Award Date
19 Jun 20241 years ago
Contract Period
30 Jun 2024 - 29 Nov 2024 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
THE BOARD OF TRUSTEES OF THE TATE GALLERY
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
SW1P 4RG
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
Vincent Square
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

Q5 CONSULTING

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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