Award

Professional services to inform Finance Keyholder Function

DEPARTMENT FOR EDUCATION

This public procurement record has 1 release in its history.

Award

16 Oct 2018 at 11:19

Summary of the contracting process

The Department for Education has recently awarded a contract titled "Professional services to inform Finance Keyholder Function," which focuses on enhancing the assurance of financial information in departmental business cases. This procurement process falls under the industry category of financial consultancy services and was conducted using a selective procurement method through a call-off from a framework agreement. The contract has an overall value of £88,766 and will commence on 22nd October 2018, concluding on 31st March 2019. The tender period ended on 5th October 2018, and is relevant to businesses operating within British Overseas Territories, the Channel Islands, Europe, the Isle of Man, and the UK.

This tender presents significant opportunities for businesses specialising in financial consultancy services, particularly small and medium-sized enterprises (SMEs) that can demonstrate relevant expertise. Firms capable of providing assurance in financial reporting and supporting government functions would be ideally suited to engage with similar future contracts, particularly those that are agile and can respond quickly to public procurement needs. By successfully bidding for and executing such contracts, businesses can leverage government partnerships to foster growth and stability within their operations.

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Notice Title

Professional services to inform Finance Keyholder Function

Notice Description

To establish a Finance Keyholder Function with the aim of increasing assurance in financial information contained within departmental business cases.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-960579b5-53eb-4786-a27f-27c32bcf5b09
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ec116796-1203-4b40-82af-c47e4f86a731
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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£88,766 Under £100K
Lots Value
Not specified
Awards Value
£88,766 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
16 Oct 20187 years ago
Submission Deadline
5 Oct 2018Expired
Future Notice Date
Not specified
Award Date
9 Oct 20187 years ago
Contract Period
21 Oct 2018 - 31 Mar 2019 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 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
LONDON,
Postcode
SW1P 3BT
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

ALLEN LANE

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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