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Financial Advisors Support for Prison Estate Transformation Programme

Ministry of Justice

This public procurement record has 2 releases in its history.

AwardUpdate

19 May 2023 at 08:46

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Award

19 May 2023 at 08:44

Award Notice
Summary of the contracting process

The Ministry of Justice has awarded a contract for "Financial Advisors Support for Prison Estate Transformation Programme" to Ernst and Young LLP. The contract is valued at £260,000 GBP and falls under the main procurement category of services. The procurement method used was a selective process through a call-off from a framework agreement. The tender period ended on 25th August 2022, with a contract period running from 1st September 2022 to 31st May 2023.

This opportunity catered to larger companies as the suitability criteria ruled out SMEs, making it more suitable for firms with significant capacity and experience. Businesses capable of providing financial advisory services in the legal sector could have competed for this tender. The location for delivery includes various regions such as the UK, British Oversea Territories, Channel Islands, Europe, and others, offering a broad scope for potential suppliers to participate in supporting the prison estate transformation programme.

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Notice Information

Notice Title

Financial Advisors Support for Prison Estate Transformation Programme

Notice Description

HMPPS continue to require specialist support to deliver mini competitions to operate prisons delivered under the Prison Operator Services Framework (POSF/the Framework). External financial advice from a company like this provides the SRO, CFO, AO and SoS with additional assurance on financial liabilities and risks proposed through the contract, payment mechanism and other project documentation and the wider economic uncertainty make this kind of rigour all the more important.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-44aafa2f-c84c-4ad4-a8e9-84e1b629e066
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/adca48f3-32c3-4175-aec5-5737e5f7b10b
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79111000 - Legal advisory services

Notice Value(s)

Tender Value
£260,000 £100K-£500K
Lots Value
Not specified
Awards Value
£260,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
19 May 20233 years ago
Submission Deadline
25 Aug 2022Expired
Future Notice Date
Not specified
Award Date
27 Apr 20233 years ago
Contract Period
1 Sep 2022 - 31 May 2023 6-12 months
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
LONDON
Postcode
SW1H 9AJ
Postcode Area
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

Ernst & Young LLP (EY)

Further Information

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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