Award

Call off from Restructuring and Solvency Services Framework

DEPARTMENT FOR EDUCATION

This public procurement record has 2 releases in its history.

AwardUpdate

21 Dec 2023 at 10:13

Award Notice
Award

30 Aug 2023 at 14:11

Award Notice
Summary of the contracting process

The Department for Education has awarded a contract for Call off from CCS Restructuring and Solvency Services Framework to TENEO FINANCIAL ADVISORY LIMITED. The contract period is from 9th August 2023 to 31st August 2023, with a potential 12-month extension. The total contract value amounts to £328,767.5. The procurement method used was selective, calling off from a framework agreement. The tender period ended on 8th August 2023.

This procurement opportunity in financial and insurance services is suitable for small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprise (VCSE) organisations. Businesses operating in these sectors and interested in providing services internationally should consider this tender. The Department for Education in London, England, initiated this tender, providing an opportunity for qualified organisations to compete for this service contract with a significant awarded value.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Start Free Trial Book a Demo
All Features Pricing

Notice Information

Notice Title

Call off from Restructuring and Solvency Services Framework

Notice Description

Call off from CCS Restructuring and Solvency Services Framework (RM6269). Initial term of the contract is 9th August 2023 till the 31st August 2023 with an optional extension of 12 months. The awarded value is based on the initial term of the contract.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-342e6f43-82f5-4a8c-a46b-5d0ae2652847
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/76b9c352-5f11-4ddc-b3f3-74cf08e5d071
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, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£328,767 £100K-£500K
Lots Value
Not specified
Awards Value
£328,767 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
21 Dec 20232 years ago
Submission Deadline
8 Aug 2023Expired
Future Notice Date
Not specified
Award Date
8 Aug 20232 years ago
Contract Period
8 Aug 2023 - 31 Aug 2023 30 days
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
DEPARTMENT FOR EDUCATION
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 3BT
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

TENEO FINANCIAL ADVISORY

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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. 

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-342e6f43-82f5-4a8c-a46b-5d0ae2652847-2023-12-21T10:13:55Z",
    "date": "2023-12-21T10:13:55Z",
    "ocid": "ocds-b5fd17-342e6f43-82f5-4a8c-a46b-5d0ae2652847",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "tender_381075/1248795",
        "title": "Call off from Restructuring and Solvency Services Framework",
        "description": "Call off from CCS Restructuring and Solvency Services Framework (RM6269). Initial term of the contract is 9th August 2023 till the 31st August 2023 with an optional extension of 12 months. The awarded value is based on the initial term of the contract.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66000000",
            "description": "Financial and insurance services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "countryName": "British Oversea Territories"
                    },
                    {
                        "countryName": "Channel Islands"
                    },
                    {
                        "countryName": "Europe"
                    },
                    {
                        "countryName": "Isle of Man"
                    },
                    {
                        "countryName": "Rest of the World"
                    },
                    {
                        "countryName": "United Kingdom"
                    },
                    {
                        "countryName": "British Oversea Territories"
                    },
                    {
                        "countryName": "Channel Islands"
                    },
                    {
                        "countryName": "Europe"
                    },
                    {
                        "countryName": "Isle of Man"
                    },
                    {
                        "countryName": "Rest of the World"
                    },
                    {
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 328767.5,
            "currency": "GBP"
        },
        "procurementMethod": "selective",
        "procurementMethodDetails": "Call-off from a framework agreement",
        "tenderPeriod": {
            "endDate": "2023-08-08T12:59:00+01:00"
        },
        "contractPeriod": {
            "startDate": "2023-08-09T00:00:00+01:00",
            "endDate": "2023-08-31T23:59:59+01:00"
        },
        "suitability": {
            "sme": true,
            "vcse": true
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-CFS-126886",
            "name": "Department for Education",
            "identifier": {
                "legalName": "Department for Education"
            },
            "address": {
                "streetAddress": "Sanctuary Buildings, 20, Great Smith Street",
                "locality": "London",
                "postalCode": "SW1P 3BT",
                "countryName": "England"
            },
            "contactPoint": {
                "email": "beth.lord@education.gov.uk"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-CFS-256814",
            "name": "TENEO FINANCIAL ADVISORY LIMITED",
            "identifier": {
                "legalName": "TENEO FINANCIAL ADVISORY LIMITED"
            },
            "address": {
                "streetAddress": "6 More London Place, London, SE1 2DA"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-126886",
        "name": "Department for Education"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-342e6f43-82f5-4a8c-a46b-5d0ae2652847-1",
            "status": "active",
            "date": "2023-08-09T00:00:00+01:00",
            "datePublished": "2023-08-30T15:11:45+01:00",
            "value": {
                "amount": 328767.5,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-CFS-256814",
                    "name": "TENEO FINANCIAL ADVISORY LIMITED"
                }
            ],
            "contractPeriod": {
                "startDate": "2023-08-09T00:00:00+01:00",
                "endDate": "2023-08-31T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/76b9c352-5f11-4ddc-b3f3-74cf08e5d071",
                    "datePublished": "2023-08-30T15:11:45+01:00",
                    "format": "text/html",
                    "language": "en",
                    "dateModified": "2023-12-21T10:13:55Z"
                },
                {
                    "id": "2",
                    "description": "n/a",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/Attachment/5def0447-d65c-4442-942a-741148204a9e",
                    "format": "application/pdf"
                },
                {
                    "id": "3",
                    "description": "n/a",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/Attachment/7a2ff907-0e42-485a-a9b5-32291f7288ed",
                    "format": "application/pdf"
                }
            ]
        }
    ]
}