Award

Safety Valve Funding Financial Advisors con_10974

DEPARTMENT FOR EDUCATION

This public procurement record has 1 release in its history.

Award

22 Jul 2021 at 07:07

Summary of the contracting process

The Department for Education has completed a contract titled "Safety Valve Funding Financial Advisors con_10974" aimed at providing financial advisory support to negotiate with local authorities concerning large designated schools grant deficits. This procurement falls under the financial consultancy services category, with a total contract value of £12,000. The contract period commenced on 19th July 2021 and will conclude on 31st March 2022. The procurement method employed was a limited competitive quotation process, with the tender period having ended on 29th June 2021. The contracting authority is based in Newcastle upon Tyne, England.

This tender presents opportunities for business growth, particularly for small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) that specialise in financial consultancy services. Businesses capable of delivering expert financial advisory and negotiation support are well-placed to engage in similar future contracts, enabling them to expand their service offerings and strengthen relationships with public sector organisations.

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Notice Title

Safety Valve Funding Financial Advisors con_10974

Notice Description

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

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ba2329ce-2fea-433c-b16c-9e7cce8dd80d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8abfc088-4d25-42f5-92d3-c543d5e5e9ef
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

Contracting Authority (Buyer)

Main Buyer
DEPARTMENT FOR EDUCATION
Contact Name
Not specified
Contact Email
commercial-operations@education.gov.uk
Contact Phone
Not specified

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

JPB FENWAY CONSULTANCY

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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