Award

Interim Financial Accountant

O F W A T

This public procurement record has 1 release in its history.

Award

13 Sep 2024 at 16:14

Summary of the contracting process

The contracting authority, Ofwat, has completed a procurement process titled "Interim Financial Accountant" under the industry category of "Supply services of personnel including temporary staff" (CPV: 79620000). The awarded contract, valued at £34,235.18, will involve tasks supporting Ofwat's finance team in the West Midlands, UK, by addressing a backlog of finance work. The contract period runs from 11th December 2023 to 30th April 2024. This direct procurement method was executed as a single tender action below the threshold, with key contract details published recently on 13th September 2024.

This tender represents a significant opportunity for businesses specialising in finance services, particularly SMEs, to engage with public sector clients like Ofwat. It provides a platform for demonstrating expertise in financial operations, systems implementation, and end-of-year reporting, potentially leading to longer-term contracts. Businesses capable of delivering comprehensive financial management support, including process documentation, capital accounting, and compliance with audit recommendations, would find this tender particularly well-suited to their skill set.

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Notice Title

Interim Financial Accountant

Notice Description

Awarded under Ofwat's Conditions of Contract for Temporary Staff (via Intermediary). The services required are to support the backlog of finance work that has built up whilst the Oracle finance system was implemented. This involves reviewing, developing and documenting processes and handing over these accounting tasks to the Assistant Accountant as business-as-usual work. Support is also required with regards to year end reporting and activities. The main tasks will include, but not restricted to: Main tasks: Capital accounting and reconciliations (fixed assets and leases) Balance Sheet reconciliations Purchase orders and goods receipts management Government Procurement Card (GPC) expenses management Taxable expenses calculations Government data returns preparation and submission Training/handing over finance work to the Assistant Accountant Support for Oracle reporting development (testing reports) Support implementation of audit recommendations Year-end preparation and closedown activities Reviewing financial policies and support for financial controls Continuous improvement Other ad hoc tasks to support the Financial Controller The role shall be a full time position, based on a 7.4hr working day (37 hours a week) excluding breaks and travelling time and 5 days per week.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-39c1d086-bb16-47d9-bb5b-b5fc15c656ef
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/300e048d-48ba-4893-83bf-af895e638c86
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79620000 - Supply services of personnel including temporary staff

Notice Value(s)

Tender Value
£34,235 Under £100K
Lots Value
Not specified
Awards Value
£34,235 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
13 Sep 20241 years ago
Submission Deadline
4 Dec 2023Expired
Future Notice Date
Not specified
Award Date
8 Dec 20232 years ago
Contract Period
11 Dec 2023 - 30 Apr 2024 1-6 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
O F W A T
Contact Name
Lena Cluxton
Contact Email
lena.cluxton@ofwat.gov.uk
Contact Phone
0121 644 7534

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
TLG West Midlands (England)

Local Authority
Birmingham
Electoral Ward
Ladywood
Westminster Constituency
Birmingham Ladywood

Supplier Information

Number of Suppliers
1
Supplier Name

RM RECRUIT

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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