Award

Safety Valve Funding Financial Advisors con_10976

DEPARTMENT FOR EDUCATION

This public procurement record has 1 release in its history.

Award

22 Jul 2021 at 07:08

Summary of the contracting process

The Department for Education in Newcastle upon Tyne has completed a procurement process for "Safety Valve Funding Financial Advisors." This tender falls within the financial consultancy services category and was conducted under a limited procurement method, specifically through a competitive quotation below the threshold. The tender period ended on 29 June 2021, with the awarded contract starting on 19 July 2021 and running until 31 March 2022. The total value of the contract is £12,000, covering delivery across various locations including the UK and British Overseas Territories.

This tender represents a significant opportunity for firms offering financial consultancy services, particularly those with expertise in public sector negotiations regarding grant management and local authority relations. Small and medium enterprises (SMEs) and voluntary, community, and social enterprise (VCSE) organisations would be particularly well-suited to compete, as this project aims to address the financial challenges faced by schools with grant deficits, thus fostering potential partnerships and innovative solutions in the education sector.

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Notice Title

Safety Valve Funding Financial Advisors con_10976

Notice Description

Financial advisor support to conduct negotiations with local authorities with large designated schools grant deficits

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-935a4304-3779-4927-b722-a763bcb49132
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8a4af399-5c62-431f-9ac9-d060acf5c9d3
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Competitive quotation (below threshold)
Tender Suitability
SME, VCSE
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
£12,000 Under £100K
Lots Value
Not specified
Awards Value
£12,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
22 Jul 20214 years ago
Submission Deadline
29 Jun 2021Expired
Future Notice Date
Not specified
Award Date
18 Jul 20214 years ago
Contract Period
18 Jul 2021 - 31 Mar 2022 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
DEPARTMENT FOR EDUCATION
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NEWCASTLE UPON TYNE
Postcode
NE1 8QH
Post Town
Newcastle upon Tyne
Country
England

Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC43 Tyneside
Delivery Location
Not specified

Local Authority
Newcastle upon Tyne
Electoral Ward
Monument
Westminster Constituency
Newcastle upon Tyne Central and West

Supplier Information

Number of Suppliers
1
Supplier Name

PETER MOORE

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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