Award

WHHT - Financial Advisors to support the Trust's Acute Redevelopment (RM6008)

HERTFORDSHIRE NHS PROCUREMENT

This public procurement record has 1 release in its history.

Award

30 Mar 2020 at 07:53

Award Notice
Summary of the contracting process

The West Hertfordshire Hospitals NHS Trust (WHHT) has concluded a procurement process to appoint financial advisors for their Acute Hospital Redevelopment project, titled "WHHT - Financial Advisors to support the Trust's Acute Redevelopment (RM6008)". This initiative falls within the financial consultancy services industry and was managed by Hertfordshire NHS Procurement. The procurement was conducted through a selective method, specifically as a call-off from the Crown Commercial Service's Management Consultancy Framework Two (MCF2 - RM6008). The tender process concluded on 16th March 2020, with the contract period set to begin on 1st April 2020 and run until 31st March 2021, with a contract value of £500,000 awarded to PA Consulting Services Limited.

This procurement presents considerable opportunities for businesses, particularly those specialising in financial consultancy services and project management within the healthcare sector. Companies with expertise in economic, financial, and commercial appraisals would be well-suited to compete for similar future contracts. Engaging in such projects not only bolsters a firm’s portfolio but also enhances their credibility within the public sector, potentially leading to more substantial projects or partnerships in the future.

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Notice Information

Notice Title

WHHT - Financial Advisors to support the Trust's Acute Redevelopment (RM6008)

Notice Description

WHHT - Financial Advisors to support the Trust's Acute Hospital Redevelopment (RM6008) As part of its hospital development, the West Hertfordshire Hospitals NHS Trust (WHHT) sought to select an appropriate advisory firm to support the Finance and Activity work stream. Over the contracted period, the successful supplier will be required to guide the Trust through economic, financial and commercial appraisals. The Crown Commercial Service's Management Consultancy Framework Two Lot 3 (MCF2 - RM6008) has been used to procure these services.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-36de8f8e-d825-4718-9d97-12f68c3dfc6f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c64df0cd-12e0-4470-87fc-3023b86ccee5
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

66 - Financial and insurance services

CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£550,000 £500K-£1M
Lots Value
Not specified
Awards Value
£500,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
30 Mar 20205 years ago
Submission Deadline
16 Mar 2020Expired
Future Notice Date
Not specified
Award Date
25 Mar 20205 years ago
Contract Period
31 Mar 2020 - 31 Mar 2021 6-12 months
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
HERTFORDSHIRE NHS PROCUREMENT
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
WELWYN GARDEN CITY
Postcode
AL8 6NS
Post Town
St Albans
Country
England
Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH2 Bedfordshire and Hertfordshire
Small Region (ITL 3)
TLH26 North and East Hertfordshire
Delivery Location
Not specified
Local Authority
Welwyn Hatfield
Electoral Ward
Handside
Westminster Constituency
Welwyn Hatfield

Supplier Information

Number of Suppliers
1
Supplier Name

PA CONSULTING SERVICES

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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