Tender

Appointment of a Financial Adviser to support Business Case of Commissioning a new Materials Recycling Facility

MILTON KEYNES COUNCIL

This public procurement record has 1 release in its history.

Tender

06 May 2021 at 14:35

Tender Notice
Summary of the contracting process

Milton Keynes Council is seeking a Financial Adviser to support the development of a Business Case for commissioning a new Materials Recycling Facility as part of its Environmental Services Programme. This tender, titled "Appointment of a Financial Adviser to support Business Case of Commissioning a new Materials Recycling Facility," is currently in the Tender stage and closes on 21 May 2021. The procurement method is an open procedure, and it is aimed at services that impact all residents in Milton Keynes. The contract period is scheduled to begin on 28 May 2021 and end on 27 July 2021, with the associated financial consultancy services falling under the corporate finance sector.

This opportunity is well-suited for small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) with experience in financial consultancy, particularly those familiar with public sector procurement processes and environmental sustainability projects. The advisory role requires analysing and enhancing the financial structure of the new facility, thus creating a chance for firms specialising in financial modelling, operational management, and cost analysis to grow their business and contribute to Milton Keynes' Greenest City strategy.

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Notice Information

Notice Title

Appointment of a Financial Adviser to support Business Case of Commissioning a new Materials Recycling Facility

Notice Description

Appointment of a Financial Advisor to support Business Case of Commissioning a new Materials Recycling Facility Environmental Services Programme The Environmental Services Programme is looking at future service delivery for 2023. The major services in the programme touch all residents in Milton Keynes and include: - Waste collection and cleansing; - Materials Recycling Facility; - Landscape maintenance - Play area Inspections and maintenance - Food and garden waste treatment; and - The operation and management of the household waste recycling centres. The programme provides a transformation of the future services, including a change to the way we collect waste and recycling from residents and future proofing of our infrastructure (buildings and sites) and assets (plant and vehicles) for service delivery and to support the Council's Greenest City strategy. The programme also includes the management and operation of our Materials Recycling Facility (MRF) and infrastructure improvements. The Council is currently preparing its Business Case for the decision on how the services will be delivered from April 2023. This includes packaging and the delivery mechanism for the Materials Recycling Facility, build in 1993 and owned by the Council. The facility is currently managed by Viridor. Wood, the Council's technical advisers have compiled and identified the capital costs for the delivery of the capital programme to refurbish and rebuild elements of the existing facility. The capital spend profile and construction profile is understood. However, in order to justify the capital spend and the meet the Councils existing revenue provision for the services provided the Council waste and finance team require a high-level analysis and financial P&L / revenue model that focuses on the differentiators as to how the MRF could operate, including (but not limited to); - Labour & Pensions - Annualised Assets - Running costs (fuel/maintenance) - Third party Income - MRF/Commodity Offtake costs - Overheads - Profit We have the proposed headline operational expenditure costs, size of the facility staffing numbers and operational hours information and the Authority will be satisfied to receive a scenarios that consider different value of commodities extracted from the recycling. Financial Advisor Role The Council requires a Financial Adviser to review the work of Wood and to provide high level support developing the cost envelope. Following the initial review the Council requires a Financial Adviser to prepare a Business Base to "Investment Decision" stage in accordance with HM Treasury Guidance "Guide to Developing the Project Business Case". This request is for a business case to support the Authority up to investment decision stage Additional information: Environmental Services Programme The Environmental Services Programme is looking at future service delivery for 2023. The major services in the programme touch all residents in Milton Keynes and include: o Waste collection and cleansing; o Materials Recycling Facility; o Landscape maintenance o Play area Inspections and maintenance o Food and garden waste treatment; and o The operation and management of the household waste recycling centres. The programme provides a transformation of the future services, including a change to the way we collect waste and recycling from residents and future proofing of our infrastructure (buildings and sites) and assets (plant and vehicles) for service delivery and to support the Council's Greenest City strategy. The programme also includes the management and operation of our Materials Recycling Facility (MRF) and infrastructure improvements. The Council is currently preparing its Business Case for the decision on how the services will be delivered from April 2023. This includes packaging and the delivery mechanism for the Materials Recycling Facility, build in 1993 and owned by the Council. The facility is currently managed by Viridor. Milton Keynes Council requires a Financial Adviser to review the work of Wood, the Council's technical adviser, and to provide high level support developing the cost envelope. If you would like to register your interest in this opportunity, please visit Milton Keynes Council's e-tendering portal by clicking on the link to follow https://in-tendhost.co.uk/milton-keynes/ For queries about the E Tendering portal please contact contracts@milton-keynes.gov.uk Is a Recurrent Procurement Type? : No

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5e037a0d-9ae8-4cba-ae5d-e6315510794f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a483189a-7919-4afd-be1e-6237890c3f4b
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, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66122000 - Corporate finance and venture capital services

66150000 - Financial markets administration services

66151000 - Financial market operational services

66152000 - Financial market regulatory services

66170000 - Financial consultancy, financial transaction processing and clearing-house services

66171000 - Financial consultancy services

Notice Value(s)

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

Notice Dates

Publication Date
6 May 20214 years ago
Submission Deadline
21 May 2021Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
28 May 2021 - 27 Jul 2021 1-6 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
MILTON KEYNES COUNCIL
Contact Name
Klaudia Kulczyc
Contact Email
klaudia.kulczyc@milton-keynes.gov.uk
Contact Phone
01908 691691

Buyer Location

Locality
MILTON KEYNES
Postcode
MK9 3EJ
Post Town
Milton Keynes
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ1 Berkshire, Buckinghamshire and Oxfordshire
Small Region (ITL 3)
TLJ12 Milton Keynes
Delivery Location
TLJ South East (England)
Local Authority
Milton Keynes
Electoral Ward
Central Milton Keynes
Westminster Constituency
Milton Keynes Central

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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