Tender

Supply of External Director Service for CTRL Section 1 Finance plc

DFTC - DEPARTMENT FOR TRANSPORT

This public procurement record has 1 release in its history.

Tender

14 Dec 2021 at 10:34

Summary of the contracting process

The Department for Transport (DfT) is inviting proposals through an open procurement process for the supply of an external director service on behalf of CTRL Section 1 Finance plc. This tender, titled "Supply of External Director Service for CTRL Section 1 Finance plc", falls within the accounting services industry and will primarily take place in London and the East of England. The tender period is set to close on 14 January 2022, which is the deadline for bid submission. The contract is expected to commence on 1 February 2022 and run for three years, with the possibility of a two-year extension.

This opportunity is particularly advantageous for consultancy firms and professionals with expertise in corporate governance and accounting, offering a unique avenue for business growth over the next few years. As the tender encourages participation from small to medium enterprises (SMEs), businesses providing specialised accounting review services or corporate director expertise would find this an appropriate fit. The ability to register and submit bids through DfT's e-sourcing portal also streamlines the engagement process for interested vendors.

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Notice Title

Supply of External Director Service for CTRL Section 1 Finance plc

Notice Description

On behalf of CTRL Section 1 Finance plc, the Department for Transport (DfT) invites proposals for the supply of an external director to CTRL Section 1 Finance plc. This contract will be subject to the Annex 1, Corporate Administration Agreement (enclosed with the tender invitation pack accessible via DfT's e-sourcing portal). The Company is seeking to appoint a supplier who is able to provide the services of an independent external director to the company for a period of 3 years with the option to extend for a further two years. The activities to be preformed by the appointed Director shall include: a) Review and approve the annual accounts of CTRL Section 1 Finance plc b) Attend the annual board meeting to sign the Company's accounts (typically in the third week of May) c) Participate in the Annual General Meeting of the Company (usually in July) and d) Ensure that the Company has all the relevant and current information required to complete the annual Companies House return ahead of the deadline. e) Provide an independent perspective and professional experience as a member of the company's Board To access to ITT pack and submit a bid, suppliers will be required to register to DfT's e-sourcing portal https://dft.app.jaggaer.com/web/login.html Bid submission deadline = 14/01/2022 Additional information: Suppliers are requried to register to DfT's e-procuring portal to access the ITT pack and submit a bid.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-56c9e179-0c8f-44b5-97db-b93ef8114c8f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c5e9761f-7356-4a69-801e-0930af34363f
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79211000 - Accounting services

79212500 - Accounting review services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
14 Dec 20214 years ago
Submission Deadline
14 Jan 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Feb 2022 - 3 Feb 2025 3-4 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
DFTC - DEPARTMENT FOR TRANSPORT
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
SW1P 4DR
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, TLJ South East (England)

Local Authority
Westminster
Electoral Ward
Vincent Square
Westminster Constituency
Cities of London and Westminster

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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