Award

Investment Risk Advisory Services

PENSION PROTECTION FUND

This public procurement record has 3 releases in its history.

AwardUpdate

17 Aug 2023 at 12:53

AwardUpdate

17 Aug 2023 at 10:21

Award

20 May 2022 at 09:26

Summary of the contracting process

The Pension Protection Fund has awarded a contract for Investment Risk Advisory Services to Tarik Ben-Saud Consulting. The procurement method used was a direct Single tender action below the threshold. The contract value is £153,000 GBP, with a contract period starting on January 4, 2022, and ending on July 15, 2022. The services are in the main procurement category of services and are related to performance review services. The award date was December 9, 2021, and the tender deadline was January 3, 2022. The location of the delivery is in London, United Kingdom.

This tender presents business growth opportunities for firms with expertise in Investment Risk reporting and performance review services, particularly those able to provide specialist knowledge in PPF relevant contexts. Small and medium-sized enterprises (SMEs) are well-suited to compete for this tender. Considering the direct procurement method used, businesses that can provide rapid, high-quality advisory services will have an advantage in participating in this public procurement contracting process with the Pension Protection Fund.

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Notice Title

Investment Risk Advisory Services

Notice Description

Tarik Ben-Saud Consulting will provide independent advice on Investment Risk reporting following discussion with internal stakeholders. This was an urgent requirement and on researching the market for potential advisors, this consultancy was the only firm with the expertise to complete such a review at short notice. They have particular specialist knowledge in specific PPF relevant context and understand the organisation.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-98d8317e-601d-4bd6-9193-1936d52309af
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2f7efd39-4af5-47a7-8afe-2ec14d277abc
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79313000 - Performance review services

Notice Value(s)

Tender Value
£153,000 £100K-£500K
Lots Value
Not specified
Awards Value
£153,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
17 Aug 20232 years ago
Submission Deadline
3 Jan 2022Expired
Future Notice Date
Not specified
Award Date
9 Dec 20214 years ago
Contract Period
4 Jan 2022 - 15 Jul 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
PENSION PROTECTION FUND
Contact Name
Not specified
Contact Email
commercialservices@ppf.co.uk
Contact Phone
Not specified

Buyer Location

Locality
CROYDON
Postcode
CR0 2NA
Post Town
Croydon
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI6 Outer London - South
Small Region (ITL 3)
TLI62 Croydon
Delivery Location
TLI London

Local Authority
Croydon
Electoral Ward
Fairfield
Westminster Constituency
Croydon West

Supplier Information

Number of Suppliers
1
Supplier Name

TARIK BEN-SAUD CONSULTING

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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