Award

SC230178 - Investment, Financial Due Diligence Support Services

KENT COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

23 Sep 2025 at 14:52

Award Notice
Summary of the contracting process

Kent County Council has completed the tender process for the provision of investment and financial due diligence support services, identified under CPV code 79412000, which falls within the financial management consultancy sector. This contract, awarded to FSE C.I.C, aims to deliver services primarily in England, United Kingdom. The procurement was conducted using a restricted procedure, with a selective procurement method. Key dates include the award published on 23rd September 2025, with the contract period starting from 1st December 2023 and ending on 30th November 2026. This service involves preparing financial appraisal reports for the KCC managed business investment schemes and attending monthly decision meetings, with a requirement for remote work and periodic physical attendance at meetings.

The tender offers substantial opportunities for growth, especially for SMEs that can provide independent financial appraisal and consultancy services. Businesses with expertise in financial management consultancy and capacity to conduct detailed financial analyses are well-suited to compete for similar contracts. The nature of the work, which includes both remote engagements and attendance at specific advisory meetings, offers flexibility while ensuring engagement with key investment decisions. As the contract aims to enhance Kent County Council's business investment schemes, it represents a chance for specialised consultancy firms to contribute to significant financial decision-making processes at a county level, thereby gaining entry into public sector projects and expanding their influence in the local government sector.

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Notice Information

Notice Title

SC230178 - Investment, Financial Due Diligence Support Services

Notice Description

Kent County Council (KCC) has awarded a contract to provide independent financial appraisal reports to support the investment decisions of the KCC managed business investment schemes. The key requirements of the Service are as follows: a) to attend to 2-3 monthly decision meetings on request; b) to prepare at the full application stage for each eligible applicant of the KCC managed business investment schemes, a financial appraisal report. This report should contain business and financial analysis of the investment proposal and be submitted via KCC to the monthly decision meetings; c) to prepare at the debt recovery stage for existing loan recipients of KCC managed business investment schemes, a financial appraisal report. This report should contain business and financial analysis of the current financial position of the business to assist in the understanding of the current financial position of a company. This report to be submitted via KCC to the monthly decision meeting; d) Each financial appraisal report should include a range of information to assist the monthly decision-making meeting make its Recommendations i.e., to Partially Fund/Fully Fund/Reject/Defer, suggest conditions, repayment schedule and security (if funding was to be offered); e) there may be an ad-hoc requirement for follow-up independent appraisal work connected with the KCC managed business investment schemes. Most of this work can be undertaken remotely but attendance at designated Investment Advisory Board (IAB) or Subgroup (SG) meetings and the Debt Recovery Group meeting are also a requirement for the contractor. The contract may be extended for two further periods of twelve months.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-4533057d-c4f6-48f5-af82-941cc583055d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/dace82b1-8093-4fca-8c75-6ea07937879d
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79412000 - Financial management consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£250,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
23 Sep 20255 months ago
Submission Deadline
18 Oct 2023Expired
Future Notice Date
Not specified
Award Date
22 Nov 20232 years ago
Contract Period
1 Dec 2023 - 30 Nov 2026 3-4 years
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
KENT COUNTY 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
MAIDSTONE
Postcode
ME14 1XQ
Post Town
Rochester
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ4 Kent
Small Region (ITL 3)
TLJ45 Mid Kent
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
Maidstone
Electoral Ward
Penenden Heath
Westminster Constituency
Maidstone and Malling

Supplier Information

Number of Suppliers
1
Supplier Name

FSE

Further Information

Notice Documents

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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