Award

Financial Advisers to the Medina Crossing Options Appraisal

ISLE OF WIGHT COUNCIL

This public procurement record has 1 release in its history.

Award

12 Jun 2025 at 08:33

Summary of the contracting process

The Isle of Wight Council has completed the award stage of the tender process for the project titled "Financial Advisers to the Medina Crossing Options Appraisal," classified under the industry category of financial consultancy services (CPV 66171000). This procurement, valued at £118,000 with a contract period from 18th March 2025 to 30th September 2025, is located in England, United Kingdom. The contracting authority has selected KPMG LLP as the supplier for this opportunity, which was published on 12th June 2025. The procurement was conducted through an "Other" procurement method, suitable for small and medium-sized enterprises but not specifically targeted at voluntary or community social enterprises. The key stage of this process is the award, with the award date on 17th March 2025.

This contract presents significant growth opportunities for businesses offering financial consultancy services, particularly those capable of delivering strategic options appraisals. Firms with expertise in financial management consultancy services are particularly well-suited to compete in such tenders. Engaging in this project allows businesses to collaborate with a large buyer, the Isle of Wight Council, and can lead to future opportunities within similar government and public sector procurement exercises. The project's scope and relatively moderate budget make it an attractive opportunity for SMEs looking to establish or expand their presence in the UK market, especially in financial advisory roles.

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Notice Title

Financial Advisers to the Medina Crossing Options Appraisal

Notice Description

Financial Advisers to the Medina Crossing Strategy Options Appraisal

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3e1f0121-9e91-4ad7-8734-2b4493cdd6c5
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0da56777-ab8a-427f-b52e-a7f8cb81a6de
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

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


CPV Codes

66171000 - Financial consultancy services

79412000 - Financial management consultancy services

Notice Value(s)

Tender Value
£39,000 Under £100K
Lots Value
Not specified
Awards Value
£118,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
12 Jun 20258 months ago
Submission Deadline
16 Jan 2025Expired
Future Notice Date
Not specified
Award Date
17 Mar 202511 months ago
Contract Period
18 Mar 2025 - 30 Sep 2025 6-12 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
ISLE OF WIGHT COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NEWPORT
Postcode
PO30 1UD
Post Town
Portsmouth
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ34 Isle of Wight
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)

Local Authority
Isle of Wight
Electoral Ward
Newport Central
Westminster Constituency
Isle of Wight West

Supplier Information

Number of Suppliers
1
Supplier Name

KPMG

Further Information

Notice Documents

Notice URLs

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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