Award

Corporate Finance Advisors - Award Notice (not an opportunity)

BEIS

This public procurement record has 1 release in its history.

Award

30 Nov 2023 at 11:16

Award Notice
Summary of the contracting process

The Department for Business, Energy & Industrial Strategy (BEIS) has awarded a contract for Corporate Finance Advisors. The procurement process was a negotiated procedure without prior publication, above the threshold, categorised under Mergers and acquisition services. The contract covers services in London, United Kingdom, with a contract period from 1st November 2023 to 31st December 2024, and an awarded value of 0 GBP. The award was granted to Merrill Lynch International, with the contract initiated on 1st November 2023 and publicly announced on 30th November 2023.

This contract presents an opportunity for large financial advisory firms like Merrill Lynch International to engage in providing advisory services to support government departments in negotiations and valuations. The contract's stipulated deliverables include a valuation report, negotiation strategy, and transactional documentation. Businesses with expertise in the Mergers and acquisition services sector and experience in supporting governmental departments in financial matters would find this tender suited for growth opportunities in the corporate finance advisory field.

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Notice Information

Notice Title

Corporate Finance Advisors - Award Notice (not an opportunity)

Notice Description

Award notice - not an opportunity. Advisor service required to support department in negotiations, valuation and contract documentation. Deliverables include valuation report, negotiation strategy and transactional documentation.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-aecbee5a-b729-4a97-9304-a608fb21b4a2
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/60dc477c-812f-4d4c-8364-ab882db3ca2f
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Negotiated procedure without prior publication (above threshold)
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66121000 - Mergers and acquisition services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
30 Nov 20232 years ago
Submission Deadline
30 Oct 2023Expired
Future Notice Date
Not specified
Award Date
1 Nov 20232 years ago
Contract Period
1 Nov 2023 - 31 Dec 2024 1-2 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
BEIS
Contact Name
Not specified
Contact Email
jack.grady@energysecurity.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
CARDIFF
Postcode
CF14 3UZ
Post Town
Cardiff
Country
Wales
Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL5 South East Wales
Small Region (ITL 3)
TLL52 Cardiff and Vale of Glamorgan
Delivery Location
TLI London
Local Authority
Cardiff
Electoral Ward
Gabalfa
Westminster Constituency
Cardiff North

Supplier Information

Number of Suppliers
1
Supplier Name

MERRILL LYNCH INTERNATIONAL

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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