Award

Financial advisor procurement of replacement contract

UK GOVERNMENT INVESTMENTS : HM TREASURY

This public procurement record has 1 release in its history.

Award

24 Jun 2019 at 14:19

Summary of the contracting process

The UK Government Investments, a part of HM Treasury, conducted a public procurement process for a financial advisor through a selective tender method, classified under corporate finance and venture capital services. The tender titled "Financial advisor procurement of replacement contract" has completed, with an award made to Moelis and Company UK LLP. The contract, valued at £1,200,000, commenced on 24th April 2019 and is set to conclude on 23rd April 2020. The tendering process closed on 1st April 2019, with all activities based in London, United Kingdom.

This procurement presents significant opportunities for businesses in the finance sector, particularly for firms specialising in corporate finance and advisory services. Companies that excel in delivering strategic financial guidance and those equipped to manage large-scale contracts would be well-positioned to compete in similar future tenders. The successful bidder, Moelis and Company UK LLP, exemplifies the type of large-scale provider that meets the rigorous standards expected by government entities, setting a benchmark for other contenders in the market.

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Notice Title

Financial advisor procurement of replacement contract

Notice Description

Financial

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3daa5201-33a5-4ebd-9192-6f91e4a8fbcd
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/024cde61-570d-4844-9cca-888fba80d214
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

66122000 - Corporate finance and venture capital services

Notice Value(s)

Tender Value
£1,200,000 £1M-£10M
Lots Value
Not specified
Awards Value
£1,200,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
24 Jun 20196 years ago
Submission Deadline
1 Apr 2019Expired
Future Notice Date
Not specified
Award Date
17 Apr 20196 years ago
Contract Period
23 Apr 2019 - 23 Apr 2020 1-2 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
UK GOVERNMENT INVESTMENTS : HM TREASURY
Contact Name
Crown Commercial Service on behalf of UK Government Investments : HM Treasury
Contact Email
supplier@crowncommercial.gov.uk
Contact Phone
3450103503

Buyer Location

Locality
LIVERPOOL
Postcode
L3 9PP
Post Town
Liverpool
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD72 Liverpool
Delivery Location
TLI London

Local Authority
Liverpool
Electoral Ward
City Centre North
Westminster Constituency
Liverpool Riverside

Supplier Information

Number of Suppliers
1
Supplier Name

MOELIS

Open Contracting Data Standard (OCDS)

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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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