Award

Financial Consultancy Services

DEPARTMENT FOR CULTURE, MEDIA AND SPORT

This public procurement record has 1 release in its history.

Award

05 Apr 2024 at 12:26

Award Notice
Summary of the contracting process

The Department for Culture, Media and Sport (DCMS) has awarded a contract for Financial Consultancy Services under a selective procurement method, calling off from a framework agreement. The contract, worth 139,675 GBP, has a contract period from March 4, 2024, to April 30, 2024. The tender was completed with an end date of February 26, 2024, and the contract is currently active. Deloitte is the supplier for this contract, located at 1 New Street Square, London. The procurement focused on research and development services and related consultancy services for DCMS sponsored museums and galleries in London.

This contract for Financial Consultancy Services with the Department for Culture, Media and Sport presents an opportunity for businesses in the consultancy and financial services industry. Small and medium-sized enterprises (SMEs) with expertise in financial analysis and investment strategies could benefit from competing for similar tenders in the future. The contract aims to provide a capital investment pipeline and strategy for DCMS museums and galleries, offering a chance for businesses to contribute to the cultural sector's financial sustainability and growth.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Start Free Trial Book a Demo
All Features Pricing

Notice Information

Notice Title

Financial Consultancy Services

Notice Description

The Department for Culture, Media and Sport (DCMS) requires a supplier to undertake an analysis of the financial position of DCMS sponsored museums and galleries, to develop a framework to assess levels of financial distress, to provide an analysis of potential invest-to-save proposals, and to provide a capital investment pipeline and strategy.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-942542a5-989d-4f53-8d31-69325c18949e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/348eade2-3453-4b05-aebf-a802769c818c
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, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services

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

CPV Codes

73000000 - Research and development services and related consultancy services

79000000 - Business services: law, marketing, consulting, recruitment, printing and security

Notice Value(s)

Tender Value
£139,675 £100K-£500K
Lots Value
Not specified
Awards Value
£139,675 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
5 Apr 20241 years ago
Submission Deadline
26 Feb 2024Expired
Future Notice Date
Not specified
Award Date
19 Mar 20241 years ago
Contract Period
4 Mar 2024 - 30 Apr 2024 1-6 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
DEPARTMENT FOR CULTURE, MEDIA AND SPORT
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW1A 2BQ
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

DELOITTE

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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. 

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-942542a5-989d-4f53-8d31-69325c18949e-2024-04-05T13:26:24+01:00",
    "date": "2024-04-05T13:26:24+01:00",
    "ocid": "ocds-b5fd17-942542a5-989d-4f53-8d31-69325c18949e",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "104024",
        "title": "Financial Consultancy Services",
        "description": "The Department for Culture, Media and Sport (DCMS) requires a supplier to undertake an analysis of the financial position of DCMS sponsored museums and galleries, to develop a framework to assess levels of financial distress, to provide an analysis of potential invest-to-save proposals, and to provide a capital investment pipeline and strategy.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "73000000",
            "description": "Research and development services and related consultancy services"
        },
        "additionalClassifications": [
            {
                "scheme": "CPV",
                "id": "79000000",
                "description": "Business services: law, marketing, consulting, recruitment, printing and security"
            }
        ],
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "postalCode": "SW1A 2BQ"
                    }
                ]
            }
        ],
        "value": {
            "amount": 139675,
            "currency": "GBP"
        },
        "procurementMethod": "selective",
        "procurementMethodDetails": "Call-off from a framework agreement",
        "tenderPeriod": {
            "endDate": "2024-02-26T13:00:00Z"
        },
        "contractPeriod": {
            "startDate": "2024-03-04T00:00:00Z",
            "endDate": "2024-04-30T23:59:59+01:00"
        },
        "suitability": {
            "sme": true,
            "vcse": true
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/Pesn8463",
            "name": "Department for Culture, Media and Sport",
            "identifier": {
                "legalName": "Department for Culture, Media and Sport",
                "scheme": "GB-SRS",
                "id": "sid4gov.cabinetoffice.gov.uk/Pesn8463"
            },
            "address": {
                "streetAddress": "100 Parliament Street",
                "locality": "LONDON",
                "postalCode": "SW1A2BQ",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "DCMS Commercial",
                "email": "commercial@dcms.gov.uk"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-364807771",
            "name": "Deloitte",
            "identifier": {
                "legalName": "Deloitte",
                "scheme": "GB-COH",
                "id": "364807771"
            },
            "address": {
                "streetAddress": "1 New Street Square London EC4A 3HQ"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/Pesn8463",
        "name": "Department for Culture, Media and Sport"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-942542a5-989d-4f53-8d31-69325c18949e-1",
            "status": "active",
            "date": "2024-03-19T00:00:00Z",
            "datePublished": "2024-04-05T13:26:24+01:00",
            "value": {
                "amount": 139675,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-364807771",
                    "name": "Deloitte"
                }
            ],
            "contractPeriod": {
                "startDate": "2024-03-04T00:00:00Z",
                "endDate": "2024-04-30T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/348eade2-3453-4b05-aebf-a802769c818c",
                    "datePublished": "2024-04-05T13:26:24+01:00",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}