Award

Professional Valuation of Financial Assets for FCDO Financial Year 2024/25 and 2025/26

FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE

This public procurement record has 1 release in its history.

Award

20 Jan 2025 at 05:13

Summary of the contracting process

The Foreign Commonwealth and Development Office (FCDO) recently completed a procurement process for the "Professional Valuation of Financial Assets for FCDO Financial Year 2024/25 and 2025/26." This contract, classified under the industry category of "Evaluation consultancy services" (CPV code 79419000), covers multiple delivery locations including the British Overseas Territories, Channel Islands, Europe, Isle of Man, the Rest of the World, and the United Kingdom. The tender process concluded on 7th October 2024, with the contract period starting on 16th December 2024 and ending on 15th December 2025. This open procedure procurement, identified as below threshold, had a value of £81,900 GBP.

This tender offers significant opportunities for businesses specialising in financial asset valuation and consultancy services. The contract is well-suited for SMEs and VCSEs, encouraging smaller and community-oriented enterprises to compete. As a significant public sector client, the FCDO provides a stable and reputable partnership, which can lead to further business development and growth. The successful supplier, BDO LLP, a large-scale consultancy firm, underscores the potential for both established and emerging businesses to engage in such high-value contracts and expand their market presence.

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Notice Title

Professional Valuation of Financial Assets for FCDO Financial Year 2024/25 and 2025/26

Notice Description

Professional Valuation of Financial Assets for FCDO Financial Year 2024/25 and 2025/26. The Term shall commence on 16th December 2024. The initial term of this contract will be for 12 Months, with a provision for an in-scope extension of 12 months, subject to satisfactory performance by the contracted supplier.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-972c3aed-331a-47fb-acea-a6203e6d2f4a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0609b1e1-0b35-4377-8a96-3e147fea667a
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79419000 - Evaluation consultancy services

Notice Value(s)

Tender Value
£81,900 Under £100K
Lots Value
Not specified
Awards Value
£81,900 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
20 Jan 20251 years ago
Submission Deadline
7 Oct 2024Expired
Future Notice Date
Not specified
Award Date
8 Jan 20251 years ago
Contract Period
16 Dec 2024 - 15 Dec 2025 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
FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE
Contact Name
Shristi Chaudhary
Contact Email
shristi.chaudhary@fcdo.gov.uk
Contact Phone
0

Buyer Location

Locality
NEW DELHI
Postcode
SW1A 2AH
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

BDO

Further Information

Notice Documents

Notice URLs

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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