Award

Consultancy Services for PFI Financial Model Review and Update (Further Competition Under ESPO Framework 664_21 Lot 2d)

CAMBRIDGESHIRE COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

14 Feb 2023 at 07:51

Award Notice
Summary of the contracting process

The Cambridgeshire County Council has awarded a contract for Consultancy Services for PFI Financial Model Review and Update under the CPV classification "Financial and insurance services" and "Financial consultancy, financial transaction processing and clearing-house services". The contract value is £65,477 GBP. The procurement method used was a selective process with a restricted procedure. The contract period starts on 1st March 2023 and ends on 31st August 2023.

This tender presents an opportunity for organisations with expertise in PFI financial models to support the Cambridgeshire County Council in negotiating and agreeing on amendments to the existing Contract. Businesses in the financial consultancy and transaction processing sector would be well-suited to compete for this contract. The tender deadline was on 21st December 2022, and the contract activities will take place in England, United Kingdom.

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Notice Information

Notice Title

Consultancy Services for PFI Financial Model Review and Update (Further Competition Under ESPO Framework 664_21 Lot 2d)

Notice Description

The outline scope of the services required is that Cambridgeshire County Council (the "Authority") and Thalia WB SPV Limited (the "Contractor") entered into a PFI contract for the provision of waste services which came into effect in March 2008 (the "Contract"). The parties will shortly be agreeing a deed of variation to amend the Contract, involving, amongst other things, changes to waste processing facilities, the maintenance provisions, the contract main body, service proposals/method statements and payment mechanism. The financial model (or base case) was developed during the procurement period and forms part of the final Contract. This financial model was updated and amended in 2020 to capture previous legislation and service changes. The Authority and the Contractor are currently in the process of amending the contract to reflect the impacts of the Industrial Emissions Directive requirements and the need to deliver works to the waste treatment facilities that reduce emissions to comply with revised permit conditions. These changes will need to be captured in a revised financial model and Project Agreement. The Authority would like assistance in negotiating and agreeing the amendments required to the Contract. The Authority is seeking an organisation/individual with expertise in PFI financial models who can advise and support the Authority and work with its legal advisors to identify, negotiate and agree the changes required, review and advise on the mathematical accuracy of the amendments to the financial model and evaluate whether the revised model correctly and accurately reflects the amendments required to the waste processing facilities

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-8f79dc2d-b8d7-460c-99db-765e97117923
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/218b7062-7b8b-4385-88f1-7ebc2110582a
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

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

Notice Value(s)

Tender Value
£70,000 Under £100K
Lots Value
Not specified
Awards Value
£65,477 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
14 Feb 20233 years ago
Submission Deadline
21 Dec 2022Expired
Future Notice Date
Not specified
Award Date
14 Feb 20233 years ago
Contract Period
1 Mar 2023 - 31 Aug 2023 6-12 months
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
CAMBRIDGESHIRE 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
HUNTINGDON
Postcode
PE28 4YE
Post Town
Peterborough
Country
England
Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH4 Cambridgeshire and Peterborough
Small Region (ITL 3)
TLH42 Cambridgeshire CC
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)
Local Authority
Huntingdonshire
Electoral Ward
The Stukeleys
Westminster Constituency
Huntingdon

Supplier Information

Number of Suppliers
1
Supplier Name

HAZLETON ADVISORY

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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