Award

Consultant Accountancy Services to HMT re Bank Mellat

CROWN COMMERCIAL SERVICE

This public procurement record has 1 release in its history.

Award

06 Mar 2018 at 13:53

Summary of the contracting process

The procurement process pertains to the provision of expert accountancy services to the Crown Commercial Service, specifically regarding the alleged $4 billion loss suffered by Bank Mellat due to financial restrictions imposed in 2009. The tender, titled "Consultant Accountancy Services to HMT re Bank Mellat," is classified under accounting review services and has recently culminated in an award, with the contract period commencing on 11th March 2016 and concluding on 31st March 2018. The contract value was set at £6,200,000, with bids ending on 9th March 2016, situated in London, United Kingdom. This procurement was conducted via a selective method, allowing for calls-off from a framework agreement.

This opportunity can significantly bolster business growth for firms specialising in accounting and financial consultancy, particularly those with experience in high-profile financial assessments and dealings with government bodies. Companies that are well-versed in handling complex financial frameworks and have the requisite expertise to navigate intricate financial loss claims would find themselves well-suited to compete for similar tenders. Engaging with the Crown Commercial Service opens doors for larger accountancy firms, especially those with proven track records in public sector contracts.

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Notice Title

Consultant Accountancy Services to HMT re Bank Mellat

Notice Description

Expert accountancy service as to the alleged $4 billion loss suffered by Bank Mellat (the "Bank") as a consequence of the Financial Restrictions (Iran) Order 2009 (SI2009/2725) (the "Order") which is the subject of a claim against HM Treasury ("HMT")

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2cf91ebd-3895-4187-86e2-40658ef0f9b8
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/592133d5-c72d-47e5-a83f-6193bae6c283
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79212500 - Accounting review services

Notice Value(s)

Tender Value
£6,200,000 £1M-£10M
Lots Value
Not specified
Awards Value
£6,100,646 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
6 Mar 20187 years ago
Submission Deadline
9 Mar 2016Expired
Future Notice Date
Not specified
Award Date
9 Mar 20169 years ago
Contract Period
11 Mar 2016 - 31 Mar 2018 2-3 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
CROWN COMMERCIAL SERVICE
Contact Name
Crown Commercial Service
Contact Email
supplier@crowncommercial.gov.uk
Contact Phone
3450103503

Buyer Location

Locality
LIVERPOOL
Postcode
L3 9PP
Post Town
Liverpool
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD72 Liverpool
Delivery Location
TLI London

Local Authority
Liverpool
Electoral Ward
City Centre North
Westminster Constituency
Liverpool Riverside

Supplier Information

Number of Suppliers
1
Supplier Name

DELOITTE

Open Contracting Data Standard (OCDS)

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