Award

Contract for the Construction of Financial Models to Evaluate Property Investment Opportunities

WYRE FOREST DISTRICT COUNCIL

This public procurement record has 1 release in its history.

Award

06 Mar 2018 at 16:22

Award Notice
Summary of the contracting process

The Wyre Forest District Council is initiating a contract titled "Contract for the Construction of Financial Models to Evaluate Property Investment Opportunities." This procurement falls under the financial consultancy sector, specifically focusing on services related to financial transaction processing and clearing-house services. The procurement method is an open procedure, and the relevant procurement stage is the Award phase, with the contract having commenced on 5th March 2018 and set to conclude on 16th April 2018. The buying organisation is located in Kidderminster, West Midlands, and the budget for this project is £40,000, awarded to KPMG LLP.

This contract presents a valuable opportunity for companies in the financial consultancy and management services sectors, particularly those with expertise in property investment analysis. Firms that offer financial modelling, due diligence support, and tax advisory services would benefit from this tender, as the councils are seeking a partner to provide critical assessments and verification of financial models. Smaller enterprises and specialist consultancies focusing on financial services may find particularly suitable avenues for engagement in this procurement process.

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Notice Information

Notice Title

Contract for the Construction of Financial Models to Evaluate Property Investment Opportunities

Notice Description

Wyre Forest District Council, Bromsgrove District Council and Redditch Borough Council wishes to appoint a Contractor to provide professional consultancy services to support Council officers in the evaluation of property investment opportunities sourced by the Councils. A partner is required to work with the Councils to provide the following: A) a health check of the initial financial viability model and support to further develop the financial model B) a critical friend to challenge and affirm C) a call-off contract for specialist professional tax, accounting and legal advice specific to individual appraisals. In addition we are seeking an external partner to provide independent verification that the established due diligence checks and governance protocols have been undertaken and complied with for each individual opportunity; to be evidenced by the preparation of a report to elected members ahead of formal sign-off. Due North Ref: DN301963 The deadline for submissions to Procontract Due North is 12 noon, Monday 30th October 2017. http://procontract.due-north.com All clarifications must also be sent via the portal

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b9a8302e-8691-4e24-b4b7-92c40c13396c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/5b394de5-ac60-463f-b3b3-59dc28b96de1
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

66170000 - Financial consultancy, financial transaction processing and clearing-house services

79410000 - Business and management consultancy services

Notice Value(s)

Tender Value
£40,000 Under £100K
Lots Value
Not specified
Awards Value
£28,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
6 Mar 20187 years ago
Submission Deadline
30 Oct 2017Expired
Future Notice Date
Not specified
Award Date
20 Nov 20178 years ago
Contract Period
5 Mar 2018 - 16 Apr 2018 1-6 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
WYRE FOREST DISTRICT COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
KIDDERMINSTER
Postcode
DY11 7WF
Post Town
Dudley
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG1 Herefordshire, Worcestershire and Warwickshire
Small Region (ITL 3)
TLG12 Worcestershire CC
Delivery Location
TLG West Midlands (England)
Local Authority
Wyre Forest
Electoral Ward
Mitton
Westminster Constituency
Wyre Forest

Supplier Information

Number of Suppliers
1
Supplier Name

KPMG

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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