Award

C0476 Equity Transactions Third Party Assurance Services - Phase 1.

UK INFRASTRUCTURE BANK LIMITED

This public procurement record has 1 release in its history.

Award

19 Oct 2023 at 11:31

Summary of the contracting process

The UK Infrastructure Bank Limited has awarded a contract for Equity Transactions Third Party Assurance Services - Phase 1 to Kpmg Audit Plc. The procurement process was completed under the selective method by calling-off from a framework agreement. The contract value is £175,000 in GBP, with the tender period ending on 8th October 2023. The contract period starts on 12th October 2023 and ends on 11th October 2024. The procurement falls under the main procurement category of services and is targeted at SMEs.

Opportunities for business growth are available through providing essential third-party assurances in investment banking deals with the UK Infrastructure Bank Limited. Businesses suited to compete include those specializing in investment banking services and related services. The procurement establishes a framework for future collaboration between the awarded supplier, Kpmg Audit Plc, and the UK Infrastructure Bank Limited, facilitating growth opportunities for SMEs in the sector seeking to diversify their portfolio.

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Notice Title

C0476 Equity Transactions Third Party Assurance Services - Phase 1.

Notice Description

As part of the Banking pipeline the Director for Banking and Investments requires to put in place essential third party assurances for the deals that are moving through the pipeline.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-954e81af-de3a-4403-88e4-a8f8b746fb3e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ae8e27d7-104b-4515-9eb3-e33a45c5c772
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
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66120000 - Investment banking services and related services

Notice Value(s)

Tender Value
£175,000 £100K-£500K
Lots Value
Not specified
Awards Value
£175,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
19 Oct 20232 years ago
Submission Deadline
7 Oct 2023Expired
Future Notice Date
Not specified
Award Date
8 Oct 20232 years ago
Contract Period
11 Oct 2023 - 11 Oct 2024 1-2 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
UK INFRASTRUCTURE BANK LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LEEDS
Postcode
LS1 4DW
Post Town
Leeds
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE4 West Yorkshire
Small Region (ITL 3)
TLE42 Leeds
Delivery Location
Not specified

Local Authority
Leeds
Electoral Ward
Hunslet & Riverside
Westminster Constituency
Leeds South

Supplier Information

Number of Suppliers
1
Supplier Name

KPMG AUDIT

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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