Award

Financial Advisors Services to support HMPPS Private Prison Operator Competitions

MINISTRY OF JUSTICE

This public procurement record has 1 release in its history.

Award

21 Apr 2026 at 14:30

Summary of the contracting process

The Ministry of Justice has awarded a contract for financial advisory services, aimed at supporting competitions for private prison operators. This procurement was conducted under the selective procurement method via a call-off from a framework agreement, focusing on financial consultancy services, classified under CPV code 66171000. The tender, valued at £1,500,000, was finalised with Deloitte being the awarded supplier. The contract commenced on 26th March 2026 and will continue until 25th March 2029, covering multiple regions including the United Kingdom and British Oversea Territories. The procurement stage is currently at the award phase, with the award notice published on 21st April 2026, documenting Deloitte’s active status as the supplier.

This contract presents significant opportunities for businesses specialising in financial advisory services, particularly those capable of providing robust financial analysis and advice. It is most suitable for SMEs, given the suitability criteria outlined in the tender. Companies that excel in developing and reviewing complex financial frameworks would find ample opportunity for growth, as this project requires maintaining intricate financial mechanisms and associated documentation for private prison competitions. The engagement with the Ministry of Justice, a high-profile government body, further enhances business credibility and network expansion in the consultancy sector.

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Notice Title

Financial Advisors Services to support HMPPS Private Prison Operator Competitions

Notice Description

Specialist financial analysis and advice to support the development, maintenance and review of financial frameworks, models, mechanisms and associated documentation.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-6367722a-7960-493b-abb3-1033d042f740
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/68eed041-fc8e-4dc5-a9e0-56d4a1577b5b
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

66 - Financial and insurance services


CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£1,500,000 £1M-£10M
Lots Value
Not specified
Awards Value
£1,500,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
21 Apr 20264 days ago
Submission Deadline
22 Dec 2025Expired
Future Notice Date
Not specified
Award Date
25 Mar 20261 months ago
Contract Period
26 Mar 2026 - 25 Mar 2029 3-4 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
MINISTRY OF JUSTICE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW1H 9AJ
Post Town
South West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified

Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

DELOITTE

Open Contracting Data Standard (OCDS)

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