Award

General services

NEWCASTLE UNIVERSITY

This public procurement record has 1 release in its history.

Award

18 Nov 2016 at 20:17

Summary of the contracting process

The procurement process was initiated by Newcastle University for the project titled "General services," which focuses on financial consultancy services. The procurement, classified under the CPV code 66171000, has been successfully completed, with a total contract value of £53,500. The contract period commenced on 13 July 2016 and concluded on 31 March 2017. The project was located in the North East of England, and the procurement method did not specify any details. The contract was awarded to Capital Capture Ltd following the tender process that concluded on the same day as the contract start date.

This tender presents a significant opportunity for businesses specialising in financial consultancy services, particularly small and medium-sized enterprises (SMEs) given their suitability for participation. Companies that can offer innovative financial solutions and demonstrate expertise in managing invoice hubs would be well-positioned to compete for similar future contracts within the academic sector or public sector procurement in general. Establishing a strong network and understanding of university procurement requirements can enhance prospects for growth in this niche market.

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Notice Title

General services

Notice Description

Newcastle University Invoice Hub

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-30e8fdf2-adca-11e6-9901-0019b9f3037b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1d5c8d11-7ee0-4b39-8705-e375f26d50b1
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 applicable
Tender Suitability
SME
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
£53,500 Under £100K
Lots Value
Not specified
Awards Value
£53,500 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
18 Nov 20169 years ago
Submission Deadline
13 Jul 2016Expired
Future Notice Date
Not specified
Award Date
12 Jul 20169 years ago
Contract Period
12 Jul 2016 - 31 Mar 2017 6-12 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
NEWCASTLE UNIVERSITY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NEWCASTLE UPON TYNE
Postcode
NE1 8AF
Post Town
Newcastle upon Tyne
Country
England

Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC43 Tyneside
Delivery Location
TLC North East (England)

Local Authority
Newcastle upon Tyne
Electoral Ward
Monument
Westminster Constituency
Newcastle upon Tyne Central and West

Supplier Information

Number of Suppliers
1
Supplier Name

CAPITAL CAPTURE

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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