Award

FAS Assurance Support

MINISTRY OF JUSTICE.

This public procurement record has 1 release in its history.

Award

22 May 2018 at 16:09

Award Notice
Summary of the contracting process

The Ministry of Justice is seeking assurance support through a tender titled "FAS Assurance Support" within the financial consultancy services sector in the United Kingdom. The procurement process, now in the Award stage, saw the contract awarded on 4th May 2018, with a value of £250,000. The contracting period runs from 8th May 2018 to 15th May 2018. The tender period concluded on 30th April 2018, and the project is focused on reviewing financial forecasts prepared for 21 Community Rehabilitation Companies (CRCs) to ensure consistency and compliance with established guidelines.

This tender presents a significant opportunity for growth, particularly for firms specialising in financial consultancy and assurance services. Businesses with expertise in financial analysis, compliance verification, and report preparation would be well-positioned to bid. Engaging in this project could enhance a company's portfolio by providing valuable insights to the Ministry of Justice and potentially opening doors to further contracts within the public sector, especially for those experienced in delivering high-stakes reviews and assessments.

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Notice Information

Notice Title

FAS Assurance Support

Notice Description

The key objective is to assist the Ministry of Justice (MoJ) with an assurance review (agreed upon procedures) of 21 financial forecasts. This review will assess if the supplier data has been prepared on a consistent basis and if assumptions and principles have been followed as per the instructions and guidance issued by the MoJ . Agree a set of procedures with the MoJ that will review and test the 21 sets of CRC financial information (FST4) and prepare interim reports for each CRC and a summary report that consolidates the findings for all 21 CRCs. To review and test the CRC forecasts for Completeness, Accuracy, Validity and Reasonableness given the current operating context. A detailed description of the Services that the Supplier will be required to deliver is set out in the attached contract document

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-43a185f1-d538-42a1-8bac-596f2ccda6de
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a5f2c49c-5206-4389-94f4-80eb552a8841
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
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
£250,000 £100K-£500K
Lots Value
Not specified
Awards Value
£250,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
22 May 20187 years ago
Submission Deadline
30 Apr 2018Expired
Future Notice Date
Not specified
Award Date
3 May 20187 years ago
Contract Period
7 May 2018 - 15 May 2018 30 days
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
MINISTRY OF JUSTICE.
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LEEDS
Postcode
LS2 7EH
Post Town
Leeds
Country
England
Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE4 West Yorkshire
Small Region (ITL 3)
TLE42 Leeds
Delivery Location
TLI London
Local Authority
Leeds
Electoral Ward
Hunslet & Riverside
Westminster Constituency
Leeds South

Supplier Information

Number of Suppliers
1
Supplier Name

DELOITTE

Further Information

Notice Documents

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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