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Financial Advice for Equity and LOP - Call off from - CCS Audit and Assurance Services Two (A&AS2) Framework RM6310 Lot 4

Cambridgeshire County Council

This public procurement record has 1 release in its history.

Award

03 Sep 2026 at 15:36

Award Notice
Summary of the contracting process

Cambridgeshire County Council procured specialist financial and commercial advisory services for its Waste PFI contract. The work covers valuing the council’s equity and operations and maintenance loss-of-profit exposure, and assessing potential compensation liabilities, including those connected with a possible voluntary termination by the authority. This is a professional financial advisory and audit-related assignment, classified under auditing services (CPV 79212000). The services are to be delivered in England, for the council based at New Shire Hall, Alconbury Weald, Huntingdon. The requirement is relevant to firms advising public authorities on PFI or complex infrastructure contracts, particularly where financial valuation, commercial analysis, loss-of-profit assessment and termination compensation are involved.

The procurement is complete and was awarded on 25 August 2026 to Grant Thornton UK LLP. It was a call-off from Crown Commercial Service’s Audit and Assurance Services Two framework, Lot 4, using the stated ‘Other’ procurement method. The tender deadline was 10 August 2026 at 12:00. The estimated procurement value was £90,000, while the awarded value was £27,000. The awarded contract runs from 1 September 2026 to 31 August 2028. The original requirement allowed an additional 12-month extension, giving a possible maximum duration of 36 months. The opportunity was identified as suitable for small and medium-sized enterprises. The published information describes the requirement and outcome but gives no award scoring or weighting basis.

This award is a useful market signal for specialist advisory firms that support local authorities with financially complex PFI arrangements. A credible competitor for comparable work would need to value equity positions and operations and maintenance loss-of-profit claims, assess potential compensation liabilities, and explain the financial consequences of authority-led termination. Experience of Waste PFI or similarly structured long-term infrastructure contracts would be directly relevant, as would the ability to combine financial modelling with commercial and contractual analysis. The buyer used a central government audit and assurance framework route, so firms seeking comparable work should consider the capability and framework eligibility needed for that route. The award also indicates that a suitably capable SME can deliver this type of focused assignment.

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Notice Information

Notice Title

Financial Advice for Equity and LOP - Call off from - CCS Audit and Assurance Services Two (A&AS2) Framework RM6310 Lot 4

Notice Description

Cambridgeshire County Council requires specialist financial and commercial advisory support in relation to the valuation of equity and O&M loss of profit and the assessment of potential compensation liabilities arising under its Waste PFI contract, including in connection with a potential Authority Voluntary Termination Additional information: Call off from - CCS Audit and Assurance Services Two (A&AS2) Framework RM6310 Lot 4 This is a contract for 2 years, with the option to extend by an additional 12 months (36 month total contract duration).

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-9aaa030b-57b6-4f6c-bfbd-9799f7ade55d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/23ac6c41-35d2-4abb-b9b9-45d6fb327fa8
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79212000 - Auditing services

Notice Value(s)

Tender Value
£90,000 Under £100K
Lots Value
Not specified
Awards Value
£27,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
3 Sep 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
25 Aug 20263 weeks ago
Contract Period
1 Sep 2026 - 31 Aug 2028 2-3 years
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
Cambridgeshire County Council
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
HUNTINGDON
Postcode
PE28 4YE
Postcode Area
Peterborough
Country
England
Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH4 Cambridgeshire and Peterborough
Small Region (ITL 3)
TLH42 Cambridgeshire CC
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)
Local Authority
Huntingdonshire
Electoral Ward
The Stukeleys
Westminster Constituency
Huntingdon

Supplier Information

Number of Suppliers
1
Supplier Name

Grant Thornton UK LLP

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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