Award

Provision of Business & Economic Analysis Services

HM TREASURY

This public procurement record has 1 release in its history.

Award

25 Nov 2022 at 15:38

Summary of the contracting process

The HM Treasury has awarded a contract for the provision of Business & Economic Analysis Services. The contract, with a value of £4,900,000 in GBP, was awarded to FTI Consulting LLP. The procurement method used was selective, with a call-off from a framework agreement. The contract period is from September 16, 2022, to March 16, 2024, making this a service-related procurement. The tender closed on September 1, 2022, and the contract was awarded on September 6, 2022. The contract pertains to advisory support for the Energy Markets Financing Scheme in London, United Kingdom.

This tender opportunity presents a chance for businesses specializing in business analysis consultancy services, economic research services, and business and management consultancy to expand their operations. Small and medium-sized enterprises (SMEs) are particularly suitable for this opportunity. HM Treasury, the contracting authority, sought expertise in these areas, providing a platform for suppliers to contribute to the design and delivery of critical financial schemes within the energy markets sector.

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Notice Title

Provision of Business & Economic Analysis Services

Notice Description

Procurement of advisory support in relation to the design and delivery of the Energy Markets Financing Scheme .

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-295fb06e-65d7-43df-8019-3bf6d0be6f99
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2675e882-f788-43a2-9833-532af83e5737
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

72 - IT services: consulting, software development, Internet and support

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


CPV Codes

72221000 - Business analysis consultancy services

79311400 - Economic research services

79400000 - Business and management consultancy and related services

Notice Value(s)

Tender Value
£4,900,000 £1M-£10M
Lots Value
Not specified
Awards Value
£4,900,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
25 Nov 20223 years ago
Submission Deadline
1 Sep 2022Expired
Future Notice Date
Not specified
Award Date
5 Sep 20223 years ago
Contract Period
15 Sep 2022 - 16 Mar 2024 1-2 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
HM TREASURY
Contact Name
Not specified
Contact Email
commercial@hmtreasury.gov.uk
Contact Phone
Not specified

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
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

FTI CONSULTING

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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