Award

Provision of Privitisation Financial Advisor Service

CROWN COMMERCIAL SERVICE

This public procurement record has 1 release in its history.

Award

21 Sep 2017 at 10:51

Award Notice
Summary of the contracting process

The procurement process involves the Crown Commercial Service as the buying organisation, seeking services related to the "Provision of Privatisation Financial Advisor Service" in the financial and insurance services industry. The contract, valued at £900,000, was awarded on 23rd August 2017, with the contract period running from 29th August 2017 to 25th May 2018. This was a selective procurement method, conducted through a call-off from a framework agreement. The tender period concluded on 7th August 2017.

This tender presents significant opportunities for businesses specialising in financial advisory services, particularly those with expertise in privatisation and asset management. Companies that can provide strategic financial advisory support for large-scale mortgage sales, such as those related to Bradford & Bingley, would be well-suited to compete in future tenders of this nature. Potential competitors may include large consultancy firms and specialist financial services companies capable of navigating complex public sector contracts.

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Notice Information

Notice Title

Provision of Privitisation Financial Advisor Service

Notice Description

HM Treasury announced that UKAR was exploring opportunities to sell Bradford & Bingley (B&B) mortgages. For the Authority to be able to deliver this work and make the most of this opportunity a specialist financial strategic advisor was required.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b2a6d21f-f28b-4f58-90fa-5ddec5df3e15
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/665d9b27-5e51-45ba-865a-9a6faff05ffa
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£900,000 £500K-£1M
Lots Value
Not specified
Awards Value
£900,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
21 Sep 20178 years ago
Submission Deadline
7 Aug 2017Expired
Future Notice Date
Not specified
Award Date
22 Aug 20178 years ago
Contract Period
28 Aug 2017 - 25 May 2018 6-12 months
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
CROWN COMMERCIAL SERVICE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LIVERPOOL
Postcode
L3 9PP
Post Town
Liverpool
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD72 Liverpool
Delivery Location
Not specified
Local Authority
Liverpool
Electoral Ward
City Centre North
Westminster Constituency
Liverpool Riverside

Supplier Information

Number of Suppliers
1
Supplier Name

MOELIS

Further Information

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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