Award

India Programme - Financial Services

FOREIGN & COMMONWEALTH OFFICE

This public procurement record has 1 release in its history.

Award

08 Jul 2019 at 09:31

Summary of the contracting process

The Foreign & Commonwealth Office is seeking a Delivery Partner for its "India Programme - Financial Services," aimed at enhancing India's financial market through a range of policy support, capacity building, and technical assistance. The procurement, classified under the industry category of business services, was conducted using a selective method through a framework agreement, with the tender period closing on 1 October 2018. The contract, worth approximately £6.72 million, will run from 18 March 2019 until 31 January 2023 and encompasses delivery addresses across the British Overseas Territories, Channel Islands, Europe, Isle of Man, Rest of the World, and the United Kingdom.

This tender presents significant business growth opportunities, particularly for firms specialising in financial consultancy, policy advocacy, and fintech innovations. Large-scale service providers or consultancies with prior experience in international development, particularly in the financial sector, would be well-positioned to compete. Organisations capable of supporting infrastructure financing or fintech policy development will find alignment with the objectives of this programme, providing an excellent pathway for engagement and collaboration.

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Notice Title

India Programme - Financial Services

Notice Description

This procurement sought to provide a Delivery Partner to design and implement the Prosperity Fund's Indian Finacial Services programme of interventions. The programme will provide policy support, capacity building and technical assistance. Support India's reform of its financial markets through advocacy and capacity building with central government and financial regulators, including driving implementation of the India-UK Financial Partnership's policy reform recommendations; Assist Indian organisations including state infrastructure funds to raise finance overseas, particularly through the City of London, complementing India's National Investment and Infrastructure Fund; and Support FinTech policy development and boost FinTech entrepreneurship.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2e0187bf-105f-4f36-a2e4-9a6768c58aea
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/991e6c7b-c47d-4501-85ee-72b11860818f
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

79000000 - Business services: law, marketing, consulting, recruitment, printing and security

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£6,719,727 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
8 Jul 20196 years ago
Submission Deadline
1 Oct 2018Expired
Future Notice Date
Not specified
Award Date
15 Mar 20196 years ago
Contract Period
18 Mar 2019 - 31 Jan 2023 3-4 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
FOREIGN & COMMONWEALTH OFFICE
Contact Name
Not specified
Contact Email
prosperity.procurement@fco.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SW1A 2AH
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

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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