Award

Financial Advisory Services

RESTORATION & RENEWAL DELIVERY AUTHORITY LTD

This public procurement record has 1 release in its history.

Award

05 Sep 2024 at 13:19

Summary of the contracting process

The Restoration & Renewal Delivery Authority Ltd has concluded a procurement process awarding a call-off contract for Financial Advisory Services, specifically under the CCS-RM6187 Management Consultancy Framework Agreement-Lot 6. The procurement, valued at £300,000, covers the period from 1st August 2024 to 31st July 2026. This contract, located in London, falls under the financial management consultancy services category, marking its completion stage on 5th September 2024. The selective procurement method was employed, with the tendering phase ending on 20th May 2024 and conducted under the stringent guidelines of a framework agreement.

This contract presents significant growth opportunities for businesses specialising in financial management consultancy, particularly those that can offer comprehensive advisory services within large-scale restoration projects. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) are especially well-suited to compete, aligning with the tender's suitability criteria. With the Restoration & Renewal Delivery Authority Ltd acting as the buying organisation and Incendium Consulting Limited awarded the contract, this procurement process underscores the relevance for businesses in the consultancy sector to engage in transformative and high-profile projects, driving both visibility and expertise in the industry.

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Notice Title

Financial Advisory Services

Notice Description

Call-off contract under the CCS-RM6187 Management Consultancy-Lot 6 Framework Agreement-Houses of Parliament Restoration & Renewal Programme Delivery Authority-Provision of Financial Advisory Services.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-521dcd0a-8293-4909-8e02-1dca78c7e5a9
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/6bd8156e-91f9-4285-b0eb-3344fc22670f
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
SME, VCSE
Awardee Scale
SME

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
£300,000 £100K-£500K
Lots Value
Not specified
Awards Value
£300,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
5 Sep 20241 years ago
Submission Deadline
20 May 2024Expired
Future Notice Date
Not specified
Award Date
31 Jul 20241 years ago
Contract Period
31 Jul 2024 - 31 Jul 2026 1-2 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
RESTORATION & RENEWAL DELIVERY AUTHORITY LTD
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
SW1A 0AA
Post Town
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
TLI London

Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

INCENDIUM CONSULTING

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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