Award

Financial Advisors - support for: the Hampshire Water Transfer (HWTWR) and Water Recycling scheme, and the Grand Union Canal scheme (GUC)

O F W A T

This public procurement record has 1 release in its history.

Award

12 Jul 2024 at 09:40

Award Notice
Summary of the contracting process

The buying organisation, O F W A T, has awarded a contract for Financial Advisors support for the Hampshire Water Transfer and Water Recycling scheme, and the Grand Union Canal scheme. The procurement involved corporate finance and venture capital services, with a total value of £160,000. The procurement method used was selective, calling off from a framework agreement. The tender period ended on 6th June 2024, with a contract period starting on 28th June 2024 and ending on 1st April 2027. The location of the procurement is in England under the services category.

This tender opportunity, awarded to Deloitte LLP, presents potential business growth opportunities for companies specialised in corporate finance and venture capital services. Businesses experienced in providing financial advisory services to large infrastructure projects are well-suited to compete. The selected supplier, Deloitte LLP, secured the contract through a selective procurement method. The contracting authority, O F W A T, aimed to secure expertise to advise on commercial and regulatory approaches for key water-related projects, creating significant business potential in the finance sector.

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Notice Information

Notice Title

Financial Advisors - support for: the Hampshire Water Transfer (HWTWR) and Water Recycling scheme, and the Grand Union Canal scheme (GUC)

Notice Description

Advising on the commercial and regulatory approach proposed by companies, considering the interests of customers, undertakers and other key parties

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-344ddfc8-0b1a-42f7-b2ef-fc374fd98f8b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1621e2c4-5f78-429d-a64b-cea30963dd0b
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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66122000 - Corporate finance and venture capital services

Notice Value(s)

Tender Value
£160,000 £100K-£500K
Lots Value
Not specified
Awards Value
£160,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
12 Jul 20241 years ago
Submission Deadline
6 Jun 2024Expired
Future Notice Date
Not specified
Award Date
6 Jun 20241 years ago
Contract Period
27 Jun 2024 - 1 Apr 2027 2-3 years
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
O F W A T
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BIRMINGHAM
Postcode
B5 4UA
Post Town
Birmingham
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG31 Birmingham
Delivery Location
Not specified
Local Authority
Birmingham
Electoral Ward
Ladywood
Westminster Constituency
Birmingham Ladywood

Supplier Information

Number of Suppliers
1
Supplier Name

DELOITTE

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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