Award

Organisational Capability PSL - REACT

FINANCIAL OMBUDSMAN SERVICE LIMITED

This public procurement record has 1 release in its history.

Award

09 Nov 2021 at 12:24

Summary of the contracting process

The Financial Ombudsman Service Limited is seeking to enhance its organisational capabilities through the tender titled "Organisational Capability PSL - REACT." This procurement falls under the industry category of Staff Training Services and is located in London (E149SR). The contract, which has an estimated value of £100,000, is designated for a period of two years, commencing on 29 September 2021 and concluding on 28 September 2023, with a potential extension of one year. The tender process utilised a limited procurement method with competitive quotations accepted, and the deadline for submissions was 23 July 2021.

This tender represents a strategic opportunity for small and medium-sized enterprises (SMEs) specialised in providing training services. Companies capable of delivering ad hoc organisational capabilities training can leverage this contract to strengthen their client portfolio and expand their presence in the public sector. With the potential for lower actual spending compared to the estimated contract value, businesses that can offer competitive rates and tailored services could enhance their appeal as suppliers in future procurement processes.

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Notice Title

Organisational Capability PSL - REACT

Notice Description

The call-off is for membership of a PSL for the provision of ad hoc organisational capabilities training. The contract is for 2 years with the option to extend for a further year. The contract value is the estimated maximum spend and it's likely that actual spend will be lower. the value of all services bought through the PSL will be lower than the current threshold.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a289ff51-da99-4767-af60-e92d50febf78
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e7ab8032-eb44-44a8-b609-f4768529497b
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Competitive quotation (below threshold)
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

80 - Education and training services


CPV Codes

80511000 - Staff training services

Notice Value(s)

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

Notice Dates

Publication Date
9 Nov 20214 years ago
Submission Deadline
23 Jul 2021Expired
Future Notice Date
Not specified
Award Date
27 Sep 20214 years ago
Contract Period
28 Sep 2021 - 28 Sep 2023 1-2 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
FINANCIAL OMBUDSMAN SERVICE LIMITED
Contact Name
Peter Gamble
Contact Email
peter.gamble@financial-ombudsman.org.uk
Contact Phone
02037169974

Buyer Location

Locality
LONDON
Postcode
E14 9SR
Post Town
East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
Not specified

Local Authority
Tower Hamlets
Electoral Ward
Canary Wharf
Westminster Constituency
Poplar and Limehouse

Supplier Information

Number of Suppliers
1
Supplier Name

REACT ACTING FOR BUSINESS

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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