Award

NSIGN001-02A - CSF Lot 2 - Work Package 1 - Financial Modelling (Apr 24 - Dec 28)

MINISTRY OF DEFENCE

This public procurement record has 3 releases in its history.

AwardUpdate

09 Jul 2024 at 10:49

Award

09 Jul 2024 at 10:49

Award

10 Apr 2024 at 12:17

Summary of the contracting process

The Ministry of Defence has completed a procurement process for the contract titled "NSIGN001-02A - CSF Lot 2 - Work Package 1 - Financial Modelling". The contract falls under the industry category of 'Repair and maintenance services of warships'. It involves financial modelling work to develop cost estimates and models, amounting to £6,000,000 GBP. The procurement method used was an open procedure, and the tender period ended on 3rd November 2023. The contract spans from 18th December 2023 to 29th December 2028, with the buying organisation based in Bristol, United Kingdom.

This tender presents an opportunity for businesses specialized in technical analysis or consultancy services within the warship maintenance industry to compete for lucrative contracts. Companies with expertise in financial modelling and providing independent expert advice are well-suited to participate. The buyer, Ministry of Defence, has awarded the contract to suppliers such as DELOITTE LLP, KPMG LLP, and PRICEWATERHOUSECOOPERS LLP, highlighting the potential for similar firms to secure business growth through similar opportunities.

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Notice Title

NSIGN001-02A - CSF Lot 2 - Work Package 1 - Financial Modelling (Apr 24 - Dec 28)

Notice Description

Lot 2 - Deep SQEP of the NSIGN Client Support Framework is being established to provide deep expert advice in relation to specific specialist tasking that will test and optimise the NSIGN support solution options in their respective fields of expertise. Lot 2 Work Package 1: Financial Modelling will provide independent external expertise to develop cost estimates and cost models to enable the costs and cost benefits of the NSIGN shortlisted options to be tested and understood. This will include estimating costs of utilising commercial shipping support and enable infrastructure on a global scale; estimating the opportunities and risks of the NSIGN options; the development of cost models to support the baselining cost of the as-is support solution; understanding of the impact of KPI incentivisation and options analysis as part of the NSIGN approvals.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-bf0f8388-9f7e-4d39-8b74-e5355044683b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2b16aaf3-2a2b-4d3e-aa86-f2e9810c559e
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 (above threshold)
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

50 - Repair and maintenance services

60 - Transport services (excl. Waste transport)

71 - Architectural, construction, engineering and inspection services


CPV Codes

50640000 - Repair and maintenance services of warships

60640000 - Shipping operations

71621000 - Technical analysis or consultancy services

Notice Value(s)

Tender Value
£6,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
£6,027,500 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
9 Jul 20241 years ago
Submission Deadline
3 Nov 2023Expired
Future Notice Date
Not specified
Award Date
12 Dec 20232 years ago
Contract Period
18 Dec 2023 - 29 Dec 2028 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
MINISTRY OF DEFENCE
Contact Name
Not specified
Contact Email
jack.mckinlay102@mod.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
BRISTOL
Postcode
BS34 8JH
Post Town
Bristol
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK5 West of England
Small Region (ITL 3)
TLK52 Bath & North East Somerset and South Gloucestershire
Delivery Location
TLK South West (England)

Local Authority
South Gloucestershire
Electoral Ward
Stoke Park & Cheswick
Westminster Constituency
Filton and Bradley Stoke

Supplier Information

Number of Suppliers
3
Supplier Names

DELOITTE

KPMG

PRICEWATERHOUSECOOPERS

Further Information

Notice Documents

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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