Award

Complex Risk Management

PENSION PROTECTION FUND

This public procurement record has 1 release in its history.

Award

09 Sep 2024 at 12:26

Summary of the contracting process

The Pension Protection Fund has awarded a contract for "Complex Risk Management" to PA Consulting Services Limited. This procurement falls under the general management consultancy services category (CPV code 79411000), and encompasses consultancy services required to deliver complex strategic work including operating model support, strategic objectives, CEO objectives, and risk and control assurance for the Risk and Audit Committee. The procurement method was selective, specifically a call-off from a framework agreement, and the procurement stage is now at the award stage. Key dates include the tender end date on 6th September 2024 and the contract period starting from 16th September 2024 to 15th March 2025. The contract is valued at £288,000 and will be delivered in locations such as Croydon, London, and the South East region of the United Kingdom.

This tender provides substantial opportunities for businesses specialising in consultancy services, particularly those experienced in strategic risk management and operational model consultation. The project, awarded to PA Consulting Services Limited, highlights a significant investment and a potential area for firms looking to expand into high-value consultancy markets. Small and medium-sized enterprises (SMEs) were considered suitable for this procurement, indicating a favourable environment for smaller firms with relevant expertise to participate in similar future opportunities. The strategic nature of the work and its alignment with high-level corporate objectives and risk assurance makes it a lucrative prospect for consultancy firms looking to support and influence organisational governance and risk management frameworks.

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Notice Title

Complex Risk Management

Notice Description

Consultancy services required to deliver complex strategic work including operating model to support strategic objectives, CEO objectives and risk and control assurance for the Risk and Audit Committee.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5c569fcb-f618-415b-b7ca-511a33dc305a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ccbc77fc-0ae1-4c74-98cb-0f1ed2295ab7
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
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79411000 - General management consultancy services

Notice Value(s)

Tender Value
£288,000 £100K-£500K
Lots Value
Not specified
Awards Value
£288,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
9 Sep 20241 years ago
Submission Deadline
6 Sep 2024Expired
Future Notice Date
Not specified
Award Date
8 Sep 20241 years ago
Contract Period
15 Sep 2024 - 15 Mar 2025 6-12 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
PENSION PROTECTION FUND
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
CROYDON
Postcode
CR0 2NA
Post Town
Croydon
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI6 Outer London - South
Small Region (ITL 3)
TLI62 Croydon
Delivery Location
TLI London, TLJ South East (England)

Local Authority
Croydon
Electoral Ward
Fairfield
Westminster Constituency
Croydon West

Supplier Information

Number of Suppliers
1
Supplier Name

PA CONSULTING SERVICES

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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