Award

Provision of Economics Advice, for the Futures Fund

HM TREASURY : HM TREASURY

This public procurement record has 1 release in its history.

Award

25 Jan 2021 at 14:42

Summary of the contracting process

The procurement process details the award of a contract by HM Treasury for the "Provision of Economics Advice, for the Futures Fund." This tender falls within the economic research services industry category and was based in the United Kingdom. The procurement method employed was selective, utilising a call-off from a framework agreement to secure the supplier, ERNST & YOUNG LLP. The award was announced on 25 January 2021, while the contract ran from 12 May 2020 to 11 June 2020, with the tender period having ended on 11 May 2020.

This tender presents a viable opportunity for businesses specialising in economic research services to expand their market reach. Companies with expertise in economic advice and consultancy would be particularly well-suited to compete for similar future contracts. Given the established framework and the nature of the commissioned services, firms that can demonstrate strong capabilities in analysing market economy operator statuses may find advantageous prospects in public procurement within this domain.

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Notice Title

Provision of Economics Advice, for the Futures Fund

Notice Description

The purpose of this requirement instructed the Supplier to provide advice on the market economy operator status of the Future Fund.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3e192bc5-4cd9-4d64-b529-67522ac0a9cc
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/78df7000-e428-4d72-9d11-cad230f682ea
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

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


CPV Codes

79311400 - Economic research services

Notice Value(s)

Tender Value
£15,000 Under £100K
Lots Value
Not specified
Awards Value
£15,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
25 Jan 20215 years ago
Submission Deadline
10 May 2020Expired
Future Notice Date
Not specified
Award Date
10 May 20205 years ago
Contract Period
11 May 2020 - 11 Jun 2020 30 days
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
HM TREASURY : HM TREASURY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

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
Not specified

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

Supplier Information

Number of Suppliers
1
Supplier Name

ERNST & YOUNG

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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