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Consultancy on Council Companies Financing

BOROUGH COUNCIL OF KINGS LYNN AND WEST NORFOLK

This public procurement record has 1 release in its history.

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19 Dec 2023 at 15:22

Summary of the contracting process

The Borough Council of King's Lynn and West Norfolk has recently completed a tender process for consultancy services related to financing its housing companies. The tender, with ID BCKLWN287, involved an external review of financial assumptions, modelling, and recommendations for housing company financing. The contract value was £68,990 GBP, with a selective procurement method and a tender period ending on October 31, 2023. The contract period is from November 6, 2023, to December 31, 2023, with a delivery address in King's Lynn (PE30 1EX).

This consultancy tender by the Borough Council offers business growth opportunities for financial consultancy services providers. Small and medium enterprises (SMEs) in the financial sector would be well-suited to compete. Grant Thornton UK LLP was awarded the contract on November 3, 2023, with a contract period matching the overall duration. The Council, located in KING'S LYNN, England, led the procurement process under the main procurement category of services. For business entities interested in financial consultancy services, this tender signifies a specific opportunity for engagement with the Borough Council of King's Lynn and West Norfolk.

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Notice Title

Consultancy on Council Companies Financing

Notice Description

The Borough Council of King's Lynn and West Norfolk (the Council) is inviting tenders for: * an external review of the assumptions and financial modelling used in the officers' recommendations to Cabinet on the proposed financing for housing companies * Recommendations/details of debt/equity model for West Norfolk Property Ltd and loan/interest free loan/grant details for West Norfolk Housing Company.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7da7428d-fe24-43b2-b335-22151f32cd1a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f56e3639-a919-460b-8a0c-1d434d4fb924
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

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£68,990 Under £100K
Lots Value
Not specified
Awards Value
£68,990 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
19 Dec 20232 years ago
Submission Deadline
31 Oct 2023Expired
Future Notice Date
Not specified
Award Date
3 Nov 20232 years ago
Contract Period
6 Nov 2023 - 31 Dec 2023 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
BOROUGH COUNCIL OF KINGS LYNN AND WEST NORFOLK
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
KING'S LYNN
Postcode
PE30 1EX
Post Town
Peterborough
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH5 Norfolk
Small Region (ITL 3)
TLH52 North and West Norfolk
Delivery Location
Not specified

Local Authority
King's Lynn and West Norfolk
Electoral Ward
St. Margaret's with St. Nicholas
Westminster Constituency
North West Norfolk

Supplier Information

Number of Suppliers
1
Supplier Name

GRANT THORNTON

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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