Award

Financial Consultancy Services for the Drivers of Deficit Review of the Stockport Health Economy.

N H S SHARED BUSINESS SERVICES

This public procurement record has 1 release in its history.

Award

05 Feb 2025 at 15:44

Award Notice
Summary of the contracting process

The NHS Shared Business Services, located in Manchester, has completed a procurement process for financial consultancy services focussed on the Stockport Health Economy. The project, titled "Financial Consultancy Services for the Drivers of Deficit Review of the Stockport Health Economy," aimed to analyse the financial sustainability of the Stockport Foundation Trust and its broader health landscape by identifying the deficit drivers. The procurement method was selective, falling under a call-off from a framework agreement, with the tender period closing on 29 July 2024. The awarded contract, valued at £228,390, commenced on 14 August 2024 and concluded on 6 October 2024. This action is part of the services category, classified under CPV code 66171000 for financial consultancy services, with a delivery address in postcode M1 6EU.

This tender presents significant opportunities for businesses in the financial consultancy services sector, particularly those specialised in healthcare finance and public sector audits. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) are particularly well-suited to compete in such tenders, given the project's scope and specialised requirements. Moreover, companies adept at managing and analysing structural, strategic, and operational financial issues will find this contract type conducive to demonstrating and expanding their expertise within the public sector, fostering business growth and heightened industry visibility.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Start Free Trial Book a Demo
All Features Pricing

Notice Information

Notice Title

Financial Consultancy Services for the Drivers of Deficit Review of the Stockport Health Economy.

Notice Description

The requirement was for a Financial review focused on Stockport Foundation Trust and the wider Stockport Locality, which sits within the Greater Manchester ICB, and focus on the drivers of the deficits for both sectors of the Stockport Health Economy. The purpose is to understand and present in the form of an Executive Report the size and drivers of the deficits and whether the Foundation Trust and its health economy are financially sustainable or faces intractable barriers to financial sustainability. The judgements underpinning the conclusions form the most important element of the review. The outputs of the review should identify the drivers of the deficit across three main categories: Structural, Strategic and Operational Issues.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-76b330d9-7a46-4a03-977b-c20b2cbcfe8d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/342a49d9-a86b-496c-8810-0fd94bf540da
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, VCSE
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
£228,390 £100K-£500K
Lots Value
Not specified
Awards Value
£228,390 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
5 Feb 20251 years ago
Submission Deadline
29 Jul 2024Expired
Future Notice Date
Not specified
Award Date
13 Aug 20241 years ago
Contract Period
13 Aug 2024 - 6 Oct 2024 1-6 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
N H S SHARED BUSINESS SERVICES
Contact Name
Not specified
Contact Email
nicola.hicks4@nhs.net
Contact Phone
Not specified

Buyer Location

Locality
MANCHESTER
Postcode
M1 6EU
Post Town
Manchester
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD33 Manchester
Delivery Location
Not specified
Local Authority
Manchester
Electoral Ward
Deansgate
Westminster Constituency
Manchester Central

Supplier Information

Number of Suppliers
1
Supplier Name

PRICEWATERHOUSECOOPERSLLP

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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. 

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-76b330d9-7a46-4a03-977b-c20b2cbcfe8d-2025-02-05T15:44:23Z",
    "date": "2025-02-05T15:44:23Z",
    "ocid": "ocds-b5fd17-76b330d9-7a46-4a03-977b-c20b2cbcfe8d",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "NHS GM ICB - Drivers of Deficit Review (Stockport) RM6187",
        "title": "Financial Consultancy Services for the Drivers of Deficit Review of the Stockport Health Economy.",
        "description": "The requirement was for a Financial review focused on Stockport Foundation Trust and the wider Stockport Locality, which sits within the Greater Manchester ICB, and focus on the drivers of the deficits for both sectors of the Stockport Health Economy. The purpose is to understand and present in the form of an Executive Report the size and drivers of the deficits and whether the Foundation Trust and its health economy are financially sustainable or faces intractable barriers to financial sustainability. The judgements underpinning the conclusions form the most important element of the review. The outputs of the review should identify the drivers of the deficit across three main categories: Structural, Strategic and Operational Issues.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66171000",
            "description": "Financial consultancy services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "postalCode": "M1 6EU"
                    }
                ]
            }
        ],
        "value": {
            "amount": 228390,
            "currency": "GBP"
        },
        "procurementMethod": "selective",
        "procurementMethodDetails": "Call-off from a framework agreement",
        "tenderPeriod": {
            "endDate": "2024-07-29T12:00:00+01:00"
        },
        "contractPeriod": {
            "startDate": "2024-08-14T00:00:00+01:00",
            "endDate": "2024-10-06T23:59:59+01:00"
        },
        "suitability": {
            "sme": true,
            "vcse": true
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/m6gv6TMA",
            "name": "N H S Shared Business Services",
            "identifier": {
                "legalName": "N H S Shared Business Services",
                "scheme": "GB-SRS",
                "id": "sid4gov.cabinetoffice.gov.uk/m6gv6TMA"
            },
            "address": {
                "streetAddress": "NHS Greater Manchester Integrated Care Board",
                "locality": "Manchester",
                "postalCode": "M1 6EU",
                "countryName": "England"
            },
            "contactPoint": {
                "email": "nicola.hicks4@nhs.net"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-CFS-308852",
            "name": "PricewaterhousecoopersLLP",
            "identifier": {
                "legalName": "PricewaterhousecoopersLLP"
            },
            "address": {
                "streetAddress": "1 Embankment Place, London, WC2N 6RH"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/m6gv6TMA",
        "name": "N H S Shared Business Services"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-76b330d9-7a46-4a03-977b-c20b2cbcfe8d-1",
            "status": "active",
            "date": "2024-08-14T00:00:00+01:00",
            "datePublished": "2025-02-05T15:44:22Z",
            "value": {
                "amount": 228390,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-CFS-308852",
                    "name": "PricewaterhousecoopersLLP"
                }
            ],
            "contractPeriod": {
                "startDate": "2024-08-14T00:00:00+01:00",
                "endDate": "2024-10-06T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/342a49d9-a86b-496c-8810-0fd94bf540da",
                    "datePublished": "2025-02-05T15:44:22Z",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}