Award

Guarantor Strength Review

PENSION PROTECTION FUND

This public procurement record has 1 release in its history.

Award

28 Jul 2022 at 13:12

Award Notice
Summary of the contracting process

The Pension Protection Fund is awarding contracts for a project titled "Guarantor Strength Review," focusing on financial consultancy services within the industry category. The tender has been completed and involves a total value of £900,000 for an initial contract period that began on 23rd May 2022 and will run until 22nd May 2025, with an optional one-year extension. Key dates include the completion of the tender period on 25th April 2022. The services will be provided in London, United Kingdom, and the procurement method utilised was selective, operating as a call-off from a framework agreement.

This procurement offers significant opportunities for growth, particularly for businesses specialising in financial consultancy services. Small and medium-sized enterprises (SMEs) may find this tender well-suited for competition, given their agility and expertise in the relevant sector. Companies that are skilled in analysing financial information and providing strategic advice to clients in the financial sector are encouraged to engage, as the awarded contracts involve working with substantial firms such as FRP Advisory Trading Limited, Interpath Advisory Limited, and Ernst & Young LLP.

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Notice Information

Notice Title

Guarantor Strength Review

Notice Description

Contracts awarded to 3 firms to provide services to analyse financial information relating to entities providing guarantees certified as Type A contingent assets for each levy year. Contracts are for an initial 3 year period with an optional 12 month extension.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-8dc86b2b-8b68-456c-a348-625d67980c02
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/72bbac0a-5c81-4d0d-a251-93590e4dd9d7
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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£900,000 £500K-£1M
Lots Value
Not specified
Awards Value
£900,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
28 Jul 20223 years ago
Submission Deadline
25 Apr 2022Expired
Future Notice Date
Not specified
Award Date
25 Mar 20214 years ago
Contract Period
22 May 2022 - 22 May 2025 3-4 years
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
PENSION PROTECTION FUND
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
CROYDON
Postcode
CR0 2NA
Post Town
Croydon
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI6 Outer London - South
Small Region (ITL 3)
TLI62 Croydon
Delivery Location
TLI London
Local Authority
Croydon
Electoral Ward
Fairfield
Westminster Constituency
Croydon West

Supplier Information

Number of Suppliers
3
Supplier Names

ERNST & YOUNG

FRP ADVISORY TRADING

INTERPATH ADVISORY

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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