Award

Cost Consultant - 23 Finsbury Circus

CITY OF LONDON CORPORATION

This public procurement record has 2 releases in its history.

AwardUpdate

13 Apr 2022 at 11:39

Award

13 Apr 2022 at 11:39

Summary of the contracting process

The City of London Corporation has awarded a contract for the role of Cost Consultant for the project at 23 Finsbury Circus, with a total value of £95,000. This tender, categorised under the industry classification of project and design preparation and estimation of costs, was awarded as a result of a direct procurement method through a single tender action. The contract period commenced on 4 February 2022 and is set to conclude on 30 April 2024. The procurement process has been completed, and the relevant delivery addresses for this contract include locations across the United Kingdom and Europe.

This tender presents a valuable opportunity for small and medium-sized enterprises (SMEs) specialising in cost consultancy and project management services, given its focus on providing cost estimation and monitoring. Businesses with expertise in project design preparation, particularly those familiar with public sector tenders, would be well-positioned to engage with similar future contracts. The awarded contract to Stace LLP serves as a benchmark for potential bidders aiming to demonstrate their capability in delivering the most economically advantageous outcomes for public projects.

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Notice Title

Cost Consultant - 23 Finsbury Circus

Notice Description

Contract awarded to the Most Economically Advantageous tender

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-917e6ae1-d75a-4a2c-a458-ec7f3dfbfa6e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/284083d9-322a-4fb8-8a0b-1045f728097c
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

71 - Architectural, construction, engineering and inspection services


CPV Codes

71242000 - Project and design preparation, estimation of costs

71244000 - Calculation of costs, monitoring of costs

Notice Value(s)

Tender Value
£95,000 Under £100K
Lots Value
Not specified
Awards Value
£95,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
13 Apr 20223 years ago
Submission Deadline
9 Nov 2021Expired
Future Notice Date
Not specified
Award Date
4 Feb 20224 years ago
Contract Period
4 Feb 2022 - 30 Apr 2024 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
CITY OF LONDON CORPORATION
Contact Name
Christina Paraskevaidou
Contact Email
christina.paraskevaidou@cityoflondon.gov.uk
Contact Phone
0207 332 3103

Buyer Location

Locality
LONDON
Postcode
EC2P 2EJ
Post Town
Central London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI43 Haringey and Islington
Delivery Location
Not specified

Local Authority
Islington
Electoral Ward
Clerkenwell
Westminster Constituency
Islington South and Finsbury

Supplier Information

Number of Suppliers
1
Supplier Name

STACE

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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