Award

Provider Financial Forecasting Programme Extension May 2021

DEPARTMENT FOR EDUCATION

This public procurement record has 2 releases in its history.

Award

15 Jun 2021 at 10:57

Award

09 Mar 2021 at 16:32

Summary of the contracting process

The Department for Education in London is overseeing the Provider Financial Forecasting Programme Extension, which falls under the financial management consultancy services category. This procurement process is currently at the award stage, with the contract period running from 28 May 2021 to 30 September 2021. The initial tender was completed on 27 May 2021, following an extension of the originally awarded contract, with no changes in value. The programme serves various delivery addresses including the British Overseas Territories, Channel Islands, and across Europe.

This tender presents a significant opportunity for businesses specialising in financial consultancy services, particularly those capable of managing large-scale financial modelling and forecasting projects. Companies experienced in implementing financial frameworks for educational institutions would be well-positioned to leverage this opportunity, especially if they are able to demonstrate previous success in related projects. Given the nature of the work, larger firms with established capabilities, such as KPMG, will likely be the primary competitors, though smaller entities that can offer specialised expertise may also find niches to exploit within this scope.

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Notice Title

Provider Financial Forecasting Programme Extension May 2021

Notice Description

Extension to previous awarded contract, the original contract value remains the same. The variation will only cover the addition of Milestone 5

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-bc149eb5-514e-454b-a022-f60fb10a5574
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/cd080338-7c47-48bb-8057-8ab5d3bdd6b9
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Other - Extension to previous award
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79412000 - Financial management consultancy services

Notice Value(s)

Tender Value
£98,000 Under £100K
Lots Value
Not specified
Awards Value
£98,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
15 Jun 20214 years ago
Submission Deadline
27 May 2021Expired
Future Notice Date
Not specified
Award Date
8 Feb 20215 years ago
Contract Period
27 May 2021 - 30 Sep 2021 1-6 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
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW1P 3BT
Post Town
South West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified

Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

KPMG

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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