Award

Appointment of a Supplier for the Provision of specialist financial consultancy services in support of the Shared Services Programme and Local Authority Trading Companies

EPPING FOREST DISTRICT COUNCIL

This public procurement record has 1 release in its history.

Award

06 Feb 2025 at 12:12

Summary of the contracting process

Epping Forest District Council has completed the procurement process for the appointment of a supplier to provide specialist financial consultancy services in support of the Shared Services Programme and Local Authority Trading Companies. This contract, classified under the industry category of Financial and Insurance Services (CPV code 66000000), is valued at £218,620. The contract period starts on 14 October 2024 and ends on 31 March 2025. The selective procurement method was utilised, specifically a call-off from a framework agreement (ESPO Framework Reference 664-21 Consultancy Services). The award was made on 13 September 2024 to Veracity OSI UK Limited, with the notice of award published on 6 February 2025. The service location is identified by the postal code CM15 4BZ.

This tender presents a significant opportunity for businesses in the financial consultancy sector, particularly those capable of supporting local government programmes and trading entities. Small and medium-sized enterprises (SMEs) are particularly well-suited to compete for similar future procurements given their inclusion in the suitability criteria. The awarded contract to a large-scale supplier, Veracity OSI UK Limited, sets a precedent for potential partners looking to engage in public sector contracts offering substantial value and the possibility of a one-year extension, thus facilitating business growth and market presence within the public sector.

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Notice Title

Appointment of a Supplier for the Provision of specialist financial consultancy services in support of the Shared Services Programme and Local Authority Trading Companies

Notice Description

Appointment of a Supplier for the Provision of specialist financial consultancy services in support of the Shared Services Programme and Local Authority Trading Companies Additional information: Call Off Agreement ESPO Framework Reference 664-21 Consultancy Services

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-73c847ab-9207-45d7-8cef-93d33f09e20f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/42987247-000c-4b11-ad39-cea070358d1e
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

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£218,620 £100K-£500K
Lots Value
Not specified
Awards Value
£218,620 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
6 Feb 20251 years ago
Submission Deadline
14 Aug 2024Expired
Future Notice Date
Not specified
Award Date
12 Sep 20241 years ago
Contract Period
13 Oct 2024 - 31 Mar 2025 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
EPPING FOREST DISTRICT COUNCIL
Contact Name
Sharon Medhurst
Contact Email
procurement@eppingforestdc.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
EPPING
Postcode
CM16 4BZ
Post Town
Chelmsford
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH3 Essex
Small Region (ITL 3)
TLH35 West Essex
Delivery Location
Not specified

Local Authority
Epping Forest
Electoral Ward
Epping West & Rural
Westminster Constituency
Epping Forest

Supplier Information

Number of Suppliers
1
Supplier Name

VERACITY OSI

Further Information

Notice Documents

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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