Award

Short Term Financial Advice - Departmental Support

DEPARTMENT FOR BUSINESS AND TRADE

This public procurement record has 1 release in its history.

Award

23 Jul 2025 at 09:53

Summary of the contracting process

The procurement process was managed by the Department for Business and Trade, headquartered in London, England. It involved the award of a contract titled "Short Term Financial Advice - Departmental Support" within the business analysis consultancy services sector. The procurement falls under a selective method as a call-off from a framework agreement. The initial tender period concluded on 4th July 2025, with the contract commencing on 7th July 2025 and concluding on 4th August 2025. This initiative spanned multiple regions, including the British Overseas Territories, the Channel Islands, Europe, the Isle of Man, the United Kingdom, and the Rest of the World. The procurement stage has reached completion with PWC, a large-scale supplier, being awarded the contract, valued at £240,000.

This tender presents substantial opportunities for businesses offering consultancy services focused on departmental planning and analysis, especially those with the capability to deliver insights for strategic decision-making. Large consultancy firms experienced in handling government contracts and financial advice projects would find this opportunity aligns with their competencies and resources. Given the procurement method and the framework structure, it favours entities that are already part of or can align with existing government frameworks, thereby creating advantageous conditions for business growth in similar public procurement avenues.

How relevant is this notice?

Notice Information

Notice Title

Short Term Financial Advice - Departmental Support

Notice Description

Provision of targeted consultancy services to support internal departmental planning and analysis. The engagement is time limited and focused on delivering insights to inform future decision making.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-580ee767-0eb5-42d1-b006-66a3ec496204
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d702d6f1-fea9-41df-a09a-384b4cac7234
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support


CPV Codes

72221000 - Business analysis consultancy services

Notice Value(s)

Tender Value
£240,000 £100K-£500K
Lots Value
Not specified
Awards Value
£240,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
23 Jul 20254 months ago
Submission Deadline
4 Jul 2025Expired
Future Notice Date
Not specified
Award Date
3 Jul 20255 months ago
Contract Period
6 Jul 2025 - 4 Aug 2025 30 days
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
DEPARTMENT FOR BUSINESS AND TRADE
Contact Name
Department for Business and Trade
Contact Email
commercialresearchandconsultancy@businessandtrade.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SW1A 2DY
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
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

PWC

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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