Award

Financial Advisory Service - mini competition for up to 1000 units

LONDON & QUADRANT HOUSING TRUST

This public procurement record has 1 release in its history.

Award

20 Mar 2025 at 11:31

Summary of the contracting process

The London and Quadrant Housing Trust (L&Q) sought financial consultancy services under lot 2 for up to 1000 first lets, a procurement valued at £125,500. The procurement falls under the Financial Consultancy Services category (CPV code 66171000) and is located in London, with postal code E15 4PH. The tender was initiated through a selective procurement method, specifically a call-off from a dynamic purchasing system, with the tender period ending on 21st February 2025. The awarded contract will run from 13th March 2025 to 12th March 2026, with the award officially published on 20th March 2025.

This contract provides substantial opportunities for businesses in the financial advisory sector, particularly those already engaged in providing consultancy services to the housing sector. SMEs and voluntary, community, and social enterprises (VCSEs) are particularly encouraged to compete, as the procurement process is suitable for such organisations. The contract was awarded to Metro Finance Brokers Limited, a company well-suited to deliver financial advisory services, demonstrating that this tender supports the growth of similar businesses by providing them with significant market opportunities.

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Notice Title

Financial Advisory Service - mini competition for up to 1000 units

Notice Description

Financial advisory service under lot 2 and for no more than 1000 first lets for London Quadrant Housing Trust ("L&Q")

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-8bb5ac1a-a879-4b2f-afe0-e57889aff9c8
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f58166b3-e33e-412b-8351-d6aabf935759
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Dynamic
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a dynamic purchasing system
Tender Suitability
SME, VCSE
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
£125,500 £100K-£500K
Lots Value
Not specified
Awards Value
£125,500 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
20 Mar 202511 months ago
Submission Deadline
21 Feb 2025Expired
Future Notice Date
Not specified
Award Date
17 Mar 202511 months ago
Contract Period
13 Mar 2025 - 12 Mar 2026 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
LONDON & QUADRANT HOUSING TRUST
Contact Name
Rouling Huang
Contact Email
roulinghuang@lqgroup.org.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
E15 4PH
Post Town
East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI41 Hackney and Newham
Delivery Location
Not specified

Local Authority
Newham
Electoral Ward
Stratford
Westminster Constituency
Stratford and Bow

Supplier Information

Number of Suppliers
1
Supplier Name

METRO FINANCE BROKERS

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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