Award

Post Office Limited - Future Strategy

DEPARTMENT FOR INTERNATIONAL TRADE

This public procurement record has 1 release in its history.

Award

18 Oct 2024 at 14:22

Summary of the contracting process

The Department for International Trade has recently awarded a contract for the project titled "Post Office Limited - Future Strategy." This procurement falls under the industry category of Business and Management Consultancy and related services (CPV code 79400000). The contract aims to procure advice to develop options for the future remit, structure, and ownership of the Post Office to inform a fresh mission. The project covers a wide geographical area, including British Oversea Territories, Channel Islands, Europe, Isle of Man, and the United Kingdom, and extends to the Rest of the World. The tender period ended on 27th August 2024, with a contract period starting from 26th September 2024 and ending on 19th January 2025. The procurement method used was selective, specifically a call-off from a framework agreement. The awarded contract is valued at £999,999 GBP.

This tender creates significant opportunities for large business and management consultancy firms interested in shaping the future strategy of a key national institution. The contract's high value and extensive geographical scope can lead to substantial business growth and prestige for the winning firm. Given the complexity and strategic nature of the project, large consultancy groups with a thorough understanding of corporate restructuring, public sector operations, and comprehensive geographic logistics are well-suited to compete for such tenders. The awarded supplier for this tender is The Boston Consulting Group, indicating the high calibre and scale required to meet the project's needs.

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Notice Title

Post Office Limited - Future Strategy

Notice Description

Procurement of advice to develop options for the future remit, structure and ownership of the Post Office to inform a fresh mission for Post Office.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-90b3e704-88b5-4a7a-93da-e39e2431f372
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/5101df9e-3daa-4f1f-93a6-afbc4c58dde9
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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79400000 - Business and management consultancy and related services

Notice Value(s)

Tender Value
£999,999 £500K-£1M
Lots Value
Not specified
Awards Value
£999,999 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
18 Oct 20241 years ago
Submission Deadline
27 Aug 2024Expired
Future Notice Date
Not specified
Award Date
26 Sep 20241 years ago
Contract Period
25 Sep 2024 - 19 Jan 2025 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
DEPARTMENT FOR INTERNATIONAL TRADE
Contact Name
Not specified
Contact Email
commercialresearchandconsultancy@businessandtrade.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SW1A 2DY
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

THE BOSTON CONSULTING GROUP

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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