Award

Safety Valve Funding Financial Advisors con_10975

DEPARTMENT FOR EDUCATION

This public procurement record has 1 release in its history.

Award

22 Jul 2021 at 07:07

Award Notice
Summary of the contracting process

The Department for Education is seeking a financial advisor to support negotiations with local authorities regarding significant designated schools grant deficits through a tender titled "Safety Valve Funding Financial Advisors con_10975". The procurement, classified under financial consultancy services, concluded its tender period on 29 June 2021, with the subsequent contract starting on 19 July 2021 and set to end on 31 March 2022. This limited procurement method involved competitive quotations below a specific financial threshold and is generic to the United Kingdom, including various territories.

This tender presents a prime opportunity for financial consultancy firms, especially small and medium-sized enterprises (SMEs), to leverage their expertise in educational finance management. With its focus on local authority negotiations, businesses equipped to handle financial uncertainties and capable of offering tailored advice in the education sector would be particularly well-suited to compete for similar future contracts, thus enhancing their portfolio and fostering growth within this niche market.

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Notice Information

Notice Title

Safety Valve Funding Financial Advisors con_10975

Notice Description

Financial advisor support to conduct negotiations with local authorities with large designated schools grant deficits

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b524411b-6236-4b4f-9ae9-0b6bda1032e4
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/50822821-b686-4e30-9cb4-f62feb41b823
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, VCSE
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
£12,000 Under £100K
Lots Value
Not specified
Awards Value
£12,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
22 Jul 20214 years ago
Submission Deadline
29 Jun 2021Expired
Future Notice Date
Not specified
Award Date
18 Jul 20214 years ago
Contract Period
18 Jul 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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
DEPARTMENT FOR EDUCATION
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NEWCASTLE UPON TYNE
Postcode
NE1 8QH
Post Town
Newcastle upon Tyne
Country
England
Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC43 Tyneside
Delivery Location
Not specified
Local Authority
Newcastle upon Tyne
Electoral Ward
Monument
Westminster Constituency
Newcastle upon Tyne Central and West

Supplier Information

Number of Suppliers
1
Supplier Name

LAURA JEAN ROWLEY BA MBA FCPFA

Further Information

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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