Award

Provision of a Commercial Model

WEST MIDLANDS COMBINED AUTHORITY

This public procurement record has 2 releases in its history.

Award

02 Dec 2016 at 15:41

Tender

18 Nov 2016 at 20:16

Summary of the contracting process

The West Midlands Combined Authority (WMCA) is conducting a procurement for the "Provision of a Commercial Model," focusing on financial consultancy services. The procurement method is an open procedure, and the tender period concluded on 15 November 2016. The contract period extends from 1 December 2016 to 31 January 2017, covering delivery in the West Midlands region of the United Kingdom. The opportunity was published on 26 October 2016, with the award notice issued on 2 December 2016, finalising the contracting process.

This tender presents significant opportunities for businesses engaged in financial consultancy and modelling, especially those equipped to provide in-depth analysis and reporting. Companies that specialise in financial services, risk assessment, and commercial advice would be particularly well-suited to compete for this contract. Participation in such tenders can enhance a firm's reputation and facilitate further business growth within the public sector.

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Notice Title

Provision of a Commercial Model

Notice Description

The WMCA is seeking delivery of a commercial model which will help structure the new operating arrangements from October 2018 and provide a financial modelling tool which incorporates revenue, cost and forecast model to assist in the specification and tendering exercise. The work stream could be in stages and will consist the production of a financial model and assessing tenders and providing commercial advice. The financial model is to enable different scenarios and sensitivities to be evaluated and is to be supported by a summary report setting out the assumptions, risks and recommendations. The financial model and report is to be owned by WMCA, with a user guide and training provided on use of the model. Additional information: Tender documentation for this opportunity can be accessed at: https://wmca.bravosolution.co.uk/web/login.html

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5e4d176c-adca-11e6-9901-0019b9f3037b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e91456e0-dc03-42c1-84e4-9af46af1e047
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

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
2 Dec 20169 years ago
Submission Deadline
15 Nov 2016Expired
Future Notice Date
Not specified
Award Date
2 Dec 20169 years ago
Contract Period
5 Dec 2016 - 28 Feb 2017 1-6 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
WEST MIDLANDS COMBINED AUTHORITY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BIRMINGHAM
Postcode
B19 3SD
Post Town
Birmingham
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG31 Birmingham
Delivery Location
TLG West Midlands (England)

Local Authority
Birmingham
Electoral Ward
Newtown
Westminster Constituency
Birmingham Ladywood

Supplier Information

Number of Suppliers
1
Supplier Name

STEER DAVIES GLEAVE

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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