Award

C0452 Equity Transactions Third Party Assurance Services Phase 1.

UK INFRASTRUCTURE BANK LIMITED

This public procurement record has 1 release in its history.

Award

27 Sep 2023 at 07:27

Summary of the contracting process

The UK Infrastructure Bank Limited has awarded a contract for Equity Transactions Third Party Assurance Services Phase 1, in the Investment banking services and related services category. The procurement method used was selective, involving call-off from a framework agreement. The contract period starts on September 5, 2023, and ends on September 3, 2024. The tender period ended on September 4, 2023. The awarded value is £175,000, and the supplier is ERNST & YOUNG LLP, with the buying organisation being UK INFRASTRUCTURE BANK LIMITED.

This tender for Equity Transactions Third Party Assurance Services Phase 1 by the UK Infrastructure Bank Limited presents an opportunity for service providers in the investment banking sector. Small and medium enterprises (SMEs) would find this tender suitable for their business growth. The competitive procurement method of selective call-off from a framework agreement provides a fair chance for interested businesses to participate and contribute their expertise.

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Notice Title

C0452 Equity Transactions Third Party Assurance Services Phase 1.

Notice Description

As part of the Banking pipeline the Director for Banking and Investments requires to put in place essential third party assurances for the deals that are moving through the pipeline.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-768e29d7-9a42-4d8c-b39e-0ba8eceefe04
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b674a0db-b1bb-49f5-aed3-743a5dc59857
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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66120000 - Investment banking services and related services

Notice Value(s)

Tender Value
£175,000 £100K-£500K
Lots Value
Not specified
Awards Value
£175,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
27 Sep 20232 years ago
Submission Deadline
3 Sep 2023Expired
Future Notice Date
Not specified
Award Date
3 Sep 20232 years ago
Contract Period
4 Sep 2023 - 3 Sep 2024 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
UK INFRASTRUCTURE BANK LIMITED
Contact Name
UKIB Procurement Team
Contact Email
procurement@ukib.org.uk
Contact Phone
Not specified

Buyer Location

Locality
LEEDS
Postcode
LS1 4DW
Post Town
Leeds
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE4 West Yorkshire
Small Region (ITL 3)
TLE42 Leeds
Delivery Location
Not specified

Local Authority
Leeds
Electoral Ward
Hunslet & Riverside
Westminster Constituency
Leeds South

Supplier Information

Number of Suppliers
1
Supplier Name

ERNST & YOUNG

Further Information

Notice Documents

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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