Award

Provision of Finance Resource

DEPARTMENT OF HEALTH AND SOCIAL CARE (T&T)

This public procurement record has 2 releases in its history.

Award

13 Apr 2023 at 15:24

Award

02 Jul 2021 at 14:09

Summary of the contracting process

The Department of Health and Social Care (T&T) has completed an award process for the provision of Finance Resource services, with a total value of £2,019,009.33 GBP. The tender involved a selective procurement method, specifically a call-off from a framework agreement. The contract period runs from March 24, 2021, to September 30, 2021, with the tender period ending on March 23, 2021, and the award made on April 7, 2021. The procurement took place at 39 Victoria Street, London, SW1H 0EU, under the main procurement category of services.

This awarded contract by the Department of Health and Social Care (T&T) for Finance Resource services presents an opportunity for businesses in the financial consultancy sector. Given the substantial financial budget allocated to NHS Test and Trace, suitable businesses should have expertise in financial consultancy, financial transaction processing, and clearing-house services. The contract's location in London, SW1H 0EU, and its nature as a selective procurement method call-off from a framework agreement create a conducive environment for specialised financial service providers to engage and potentially expand their business operations.

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Notice Title

Provision of Finance Resource

Notice Description

"NHS Test and Trace (T&T) was established in response to COVID-19 and currently has a budget of PS22 billion for FY 2020/2021 and an estimated budget of PS15 billion for FY 2021/22. Given the above, this requires a large amount of financial support across all workstreams to ensure compliance with Government financial policies, good financial management and effective operations. The T&T Finance function has a large workload which continues to grow due to the ramping up of mass testing, the need to respond to new demands and the work beginning on the FY 2021/22 budget. "

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-82bd5dfd-b6fd-4813-835d-4af2a1af3513
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/bdffd18e-2d94-47ee-a7d0-5709f40b1853
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
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66170000 - Financial consultancy, financial transaction processing and clearing-house services

Notice Value(s)

Tender Value
£2,019,009 £1M-£10M
Lots Value
Not specified
Awards Value
£2,019,009 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
13 Apr 20232 years ago
Submission Deadline
23 Mar 2021Expired
Future Notice Date
Not specified
Award Date
6 Apr 20214 years ago
Contract Period
24 Mar 2021 - 30 Sep 2021 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
DEPARTMENT OF HEALTH AND SOCIAL CARE (T&T)
Contact Name
Procurement Operations
Contact Email
procurement.operations@dhsc.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SW1H 0EU
Post Town
South West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified

Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

CARNALL FARRAR

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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