Award

NCC1574 Growth Endowment Investment Fund Strategy

NORTHUMBERLAND COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

27 Jun 2025 at 09:56

Summary of the contracting process

Northumberland County Council has completed a public procurement process titled "NCC1574 Growth Endowment Investment Fund Strategy" under the CPV category of General management consultancy services (79411000). This selective procurement involved a mini competition within the Crown Commercial Service's Management Consultancy Framework Three Lot 4 Finance - RM6187. Located in North East England, the contract runs from 26 June 2025 to 26 September 2025, with the award being granted to Grant Thornton UK Advisory & Tax LLP for a contract value of £100,608. Key stakeholders involved in this award include Northumberland County Council as the buyer and Grant Thornton UK Advisory & Tax LLP as the supplier. The project supports the development of an investment strategy for Northumberland, aligning with the Growth Endowment Investment Fund's (GEIF) aims.

This award presents substantial opportunities for consultancy firms, especially those specialising in finance and management services, to collaborate with public sector bodies like Northumberland County Council. Small and medium-sized enterprises (SMEs) and VCSEs are deemed suitable for this kind of procurement, indicating potential for business growth in advisory sectors. Companies with the capability to innovate within investment strategy domains, specifically tailored to regional development and policy execution, would find this tender particularly beneficial. Accessing such framework agreements can enhance market credibility and expand consultancy portfolios.

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Notice Title

NCC1574 Growth Endowment Investment Fund Strategy

Notice Description

A mini competition was ran under the Crown Commercial Service - Management Consultancy Framework Three Lot 4 Finance - RM6187. Northumberland County Council is looking to appoint suitably qualified consultants who can work with the Senior Executive Team to develop an Investment Strategy for Northumberland, which will translate the ambitions and policy interventions of the GEIF into a coherent programme of delivery.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-76f22e16-f5b1-4430-b2a5-be0536063abc
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/78aa38a4-1f85-40ff-9a6c-77fe0712bce4
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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79411000 - General management consultancy services

Notice Value(s)

Tender Value
£100,608 £100K-£500K
Lots Value
Not specified
Awards Value
£100,608 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
27 Jun 20258 months ago
Submission Deadline
2 May 2025Expired
Future Notice Date
Not specified
Award Date
25 Jun 20258 months ago
Contract Period
25 Jun 2025 - 26 Sep 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
NORTHUMBERLAND COUNTY COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
MORPETH
Postcode
NE61 2EF
Post Town
Newcastle upon Tyne
Country
England

Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC42 Northumberland
Delivery Location
TLC North East (England)

Local Authority
Northumberland
Electoral Ward
Morpeth Kirkhill
Westminster Constituency
North Northumberland

Supplier Information

Number of Suppliers
1
Supplier Name

GRANT THORNTON UK ADVISORY & TAX

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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