This public procurement record has 1 release in its history.

Award

11 Oct 2021 at 11:05

Summary of the contracting process

The procurement process involves the provision of Independent Business Reviews and Related Diligence Services, initiated by HM Treasury in the United Kingdom. Categorised under general management consultancy services (CPV 79411000), the procurement method is selective, involving a call-off from a framework agreement. The tender was completed on 1st December 2020, with the contract period running from 31st December 2020 until 30th June 2021. The total contract value is £1,583,333.33, supporting various jurisdictions including the Isle of Man and multiple British Overseas Territories.

This tender represents a significant opportunity for businesses specialising in consultancy services, particularly small and medium-sized enterprises (SMEs) that can offer expertise in business reviews and diligence. Companies with experience in financial advisory, restructuring, or recovery operations, especially in response to challenges posed by the Covid-19 pandemic, would be particularly well-suited to compete for similar contracts in future procurement processes driven by government initiatives.

How relevant is this notice?

Notice Title

The Provision of Independent Business Reviews and Related Diligence Services in

Notice Description

Independent Business Reviews and Related Diligence Services in Relation to Support Due to Covid19

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5e5c19a1-9ae1-4b27-914d-68865684d87f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/545f2444-4eb9-4bdc-8c4b-21a22a5ab32f
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
£1,583,333 £1M-£10M
Lots Value
Not specified
Awards Value
£1,583,333 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
11 Oct 20214 years ago
Submission Deadline
1 Dec 2020Expired
Future Notice Date
Not specified
Award Date
17 Dec 20205 years ago
Contract Period
31 Dec 2020 - 30 Jun 2021 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
HM Treasury : HM Treasury
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LIVERPOOL
Postcode
L3 9PP
Postcode Area
Liverpool
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD72 Liverpool
Delivery Location
Not specified

Local Authority
Liverpool
Electoral Ward
City Centre North
Westminster Constituency
Liverpool Riverside

Supplier Information

Number of Suppliers
1
Supplier Name

Ernst & Young LLP

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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