Award

Financial Management Model Review

MIDDLESBROUGH COUNCIL

This public procurement record has 1 release in its history.

Award

18 Nov 2024 at 09:38

Award Notice
Summary of the contracting process

Middlesbrough Council has completed the award stage for the procurement titled "Financial Management Model Review" under the industry category of financial and insurance services, with associated business services including law, marketing, consulting, recruitment, printing, and security. This procurement was in response to a directive from the Department for Levelling Up, Housing and Communities (DLUHC) for an independent assessment of the Council's financial management to support an Exceptional Financial Support application. Cipfa Business Ltd, a Small and Medium-sized Enterprise (SME) and Voluntary, Community and Social Enterprise (VCSE), has been awarded the contract valued at £58,000. The contract period starts on 8th April 2024 and concludes on 31st March 2025, primarily involving deliverables in the North East UK region. The procurement was managed under an exemption method and concluded on 7th April 2024.

This tender presents significant opportunities for businesses specialising in financial assessment and consultancy services, particularly those already operating within the UK or looking to expand into high-value public sector contracts. SMEs and VCSEs will find this particularly appealing due to the specific suitability criteria aligning with their competencies. Participating in such tenders can provide substantial revenue growth and collaboration prospects with respected entities like Middlesbrough Council, enhancing business portfolios and leading to future tender opportunities in government contracts focused on financial and business services.

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Notice Information

Notice Title

Financial Management Model Review

Notice Description

DLUHC has specified that the Council is required to undergo an independent assessment of its financial position and financial management arrangements as a required action in relation to the 'in principle' approval of the Council's Exceptional Financial Support application for PS13.4m of EFS to support the 2024/25 budget that was required to avoid a s114 Notice being issued.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5348db56-49e1-4fcc-bd6e-87e10999f745
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d94e5dd1-3385-474b-b015-fada644307ed
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 - Exemption
Tender Suitability
SME, VCSE
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

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

CPV Codes

66000000 - Financial and insurance services

79000000 - Business services: law, marketing, consulting, recruitment, printing and security

Notice Value(s)

Tender Value
£58,000 Under £100K
Lots Value
Not specified
Awards Value
£58,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
18 Nov 20241 years ago
Submission Deadline
7 Apr 2024Expired
Future Notice Date
Not specified
Award Date
24 Aug 20241 years ago
Contract Period
7 Apr 2024 - 31 Mar 2025 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
MIDDLESBROUGH 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
MIDDLESBROUGH
Postcode
TS1 9FT
Post Town
Cleveland
Country
England
Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC3 Tees Valley
Small Region (ITL 3)
TLC32 South Teesside
Delivery Location
TLC North East (England)
Local Authority
Middlesbrough
Electoral Ward
Newport
Westminster Constituency
Middlesbrough and Thornaby East

Supplier Information

Number of Suppliers
1
Supplier Name

CIPFA BUSINESS

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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