Award

Independent Body Set Up

CROWN COMMERCIAL SERVICE

This public procurement record has 1 release in its history.

Award

02 Aug 2018 at 09:28

Summary of the contracting process

The procurement process titled "Independent Body Set Up" was initiated by the Crown Commercial Service, aiming to establish a new organisation independent of Her Majesty's Government, responsible for fund distribution and management to enhance competition in the banking sector. This project falls under the financial consultancy industry and is located in London. The procurement went through a selective process, leveraging a framework agreement, and concluded with an award on 26th September 2017, after the tender period ended on 11th September 2017. The total contract value was £450,000, with delivery conducted through various associated services specified under multiple CPV classifications.

This tender presents an opportunity for businesses, particularly those specialising in consultancy services, project management, and financial operations, to expand their portfolios in the public sector. Suitable competitors would include large consultancy firms with expertise in business analysis, financial transaction processing, and information systems strategic reviews, as these services were integral to the contract requirements. Engaging in such public procurement can facilitate growth and enhance visibility in the competitive market of consultancy services.

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Notice Title

Independent Body Set Up

Notice Description

Consultancy Services - HMT wish to appoint a supplier to deliver the set up of a new organisation independent of HMG who will be responsible for distributing funds and managing processes to boost banking sector competition

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-627c2c88-1265-44e9-9b17-6da0635ce530
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/5d4f96b5-8e00-444a-922a-02738a270588
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

66 - Financial and insurance services

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

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


CPV Codes

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

72221000 - Business analysis consultancy services

72222100 - Information systems or technology strategic review services

72224000 - Project management consultancy services

79410000 - Business and management consultancy services

79421000 - Project-management services other than for construction work

79996000 - Business organisation services

Notice Value(s)

Tender Value
£450,000 £100K-£500K
Lots Value
Not specified
Awards Value
£450,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
2 Aug 20187 years ago
Submission Deadline
11 Sep 2017Expired
Future Notice Date
Not specified
Award Date
25 Sep 20178 years ago
Contract Period
26 Sep 2017 - 26 Dec 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
CROWN COMMERCIAL SERVICE
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
Post Town
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
TLI London

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

Supplier Information

Number of Suppliers
1
Supplier Name

PA CONSULTING SERVICES

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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