Award

Agreement for Consultancy Services

PENSION PROTECTION FUND

This public procurement record has 1 release in its history.

Award

06 May 2021 at 09:57

Summary of the contracting process

The Pension Protection Fund has completed a tender process for "Agreement for Consultancy Services" within the financial consultancy services industry category, based in London, United Kingdom. The procurement method used was a direct award, initiated due to conflicts involving existing panel suppliers. Key dates include the tender period ending on 25th March 2021 and the contract period that began on 1st April 2021, set to conclude on 31st March 2022. The total contract value is £32,000.

This procurement presents growth opportunities for small and medium-sized enterprises (SMEs) that specialise in financial consultancy services, particularly those with experience in evaluating guarantor capabilities. Businesses with a strong understanding of insolvency issues and the ability to manage guarantor strength report cases would be particularly well-suited to compete in similar opportunities arising from the Pension Protection Fund or similar contracting authorities.

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Notice Title

Agreement for Consultancy Services

Notice Description

Review information provided by a sample of guarantors and consider whether the guarantor would be able to meet the deemed amount of the guarantee in the event of the insolvency of the scheme employer.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a580c31a-4861-4bb9-bd44-34838d4a4560
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0b2e3e87-12a9-4514-944d-e7d48b4330f4
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 - Direct Award : Assignment of a number of guarantor strength report cases to an alternative provider due to conflicts that have arisen from our panel suppliers
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£32,000 Under £100K
Lots Value
Not specified
Awards Value
£32,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
6 May 20214 years ago
Submission Deadline
25 Mar 2021Expired
Future Notice Date
Not specified
Award Date
25 Mar 20214 years ago
Contract Period
31 Mar 2021 - 31 Mar 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
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

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

FRP ADVISORY TRADING

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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