Award

Office for Students:Contract for provision of support services for TRAC and understanding academic and financial sustainability of the UK Education Sector

OFFICE FOR STUDENTS

This public procurement record has 2 releases in its history.

AwardUpdate

16 Oct 2020 at 06:15

Award Notice
Award

12 Oct 2020 at 13:55

Award Notice
Summary of the contracting process

The Office for Students (OfS), located in Bristol, UK, has completed the procurement process for a contract titled "Contract for provision of support services for TRAC and understanding academic and financial sustainability of the UK Education Sector." This tender is classified under technical testing, analysis and consultancy services, with a total contract value of £2,500,000 and a procurement method based on an open procedure. The contract period is set from 1 October 2020 to 30 September 2025, following a tender period that ended on 22 June 2020.

This tender presents significant opportunities for businesses, particularly those specialising in consultancy services related to higher education and financial sustainability. Companies with expertise in providing support to educational regulatory bodies, financial analysis, or technical consultancy are well-suited to compete in this space. With a substantial contract value, successful bidders can expect a long-term engagement, enhancing their portfolio in the education sector and enabling growth through strategic partnerships with key stakeholders in UK higher education.

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Notice Information

Notice Title

Office for Students:Contract for provision of support services for TRAC and understanding academic and financial sustainability of the UK Education Sector

Notice Description

Text to be corrected in the original notice: Place of text to be modified: Total value of the procurement Instead of: PS2,500,000,000 Read: PS2,500,000 The OfS is looking to select a provider capable of delivering support services to the OfS and other UK higher education funding and regulatory bodies; the Regulators and Funders Financial Sustainability Group; the TRAC Development Group and UK higher education sector stakeholders, including providing a central support function for the Transparent Approach to Costing (TRAC).

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-9e99a31a-98aa-483a-956a-0c213a571d5b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/abce02d3-2d91-4abc-bfc8-e3ff8bd31d03
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
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

71 - Architectural, construction, engineering and inspection services

CPV Codes

71600000 - Technical testing, analysis and consultancy services

Notice Value(s)

Tender Value
£2,500,000,000 £1B-£10B
Lots Value
Not specified
Awards Value
£2,500,000,000 £1B-£10B
Contracts Value
Not specified

Notice Dates

Publication Date
16 Oct 20205 years ago
Submission Deadline
21 Jun 2020Expired
Future Notice Date
Not specified
Award Date
21 Jun 20205 years ago
Contract Period
30 Sep 2020 - 30 Sep 2025 Over 5 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
OFFICE FOR STUDENTS
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BRISTOL
Postcode
BS34 8SR
Post Town
Bristol
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK5 West of England
Small Region (ITL 3)
TLK52 Bath & North East Somerset and South Gloucestershire
Delivery Location
TLK South West (England)
Local Authority
South Gloucestershire
Electoral Ward
Stoke Gifford
Westminster Constituency
Filton and Bradley Stoke

Supplier Information

Number of Suppliers
1
Supplier Name

KPMG

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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