Award

Financial Services

FOREIGN & COMMONWEALTH OFFICE

This public procurement record has 1 release in its history.

Award

30 Sep 2019 at 12:20

Award Notice
Summary of the contracting process

The Foreign & Commonwealth Office is seeking to procure financial consultancy services through a selective tender process, intended to enhance financial services delivery within various components of a £16.5 million programme, which is set to operate from May 2019 until March 2022. The tender was awarded to Deloitte LPP, with a contract value of £5,600,239. The procurement process was initiated to deliver technical assistance activities, notably in financial inclusion, with delivery primarily scheduled in London and concluding by 31st March 2022.

This tender provides an excellent opportunity for large-scale consultancy firms with expertise in financial services and public sector engagements to expand their reach within the UK government framework. Businesses with a strong background in programme management and advisory support, particularly those experienced in agricultural micro-insurance products, will find this a fitting competition. The tender reflects a significant investment aimed at enhancing financial consultancy capabilities across multiple areas, paving the way for innovative service offerings and partnerships in the sector.

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Notice Information

Notice Title

Financial Services

Notice Description

1.2 The PDP is required to deliver FS focused Technical Assistance (TA) activities through three Components, including: a) Programme Management Unit (PMU) managing a combination of multiple rounds of competitive tenders and call for bids to disburse funds to third-party organisations and experts, and a Strategic Engagement Facility to support UK Government engagement in China; b) ad-hoc scoping and advisory services provided to the Authority; and c) a capped allocation of TA activities for the PDP to implement. 1.3 The Programme will operate between May 2019 and March 2022. The PS16.5m Programme budget is comprised of a total contract value for the PDP in the range of PS3.3m-PS5.775m (inclusive of VAT and all applicable government taxes) and the remaining Programme budget, which is to be disbursed by the PDP via the PMU Component. 1.4 The Programme Portfolio includes a discrete workstream of activities within the Financial Inclusion Pillar focused on agricultural (micro-)insurance products, up to PS3m, to be procured and managed separately to this tender, though this is subject to an ongoing planning process and may be liable to change (that could only result in an uplift to this tender value). The Programme as set out in this tender will require TA activities in all five Pillars, including Financial Inclusion.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c01b458e-7465-49df-aa42-38c83be23428
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0f2f62b5-82ff-471c-9de0-e10e16a07214
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
Not specified
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
£5,600,239 £1M-£10M
Lots Value
Not specified
Awards Value
£5,600,239 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
30 Sep 20196 years ago
Submission Deadline
29 Mar 2019Expired
Future Notice Date
Not specified
Award Date
12 Sep 20196 years ago
Contract Period
23 Sep 2019 - 31 Mar 2022 2-3 years
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
FOREIGN & COMMONWEALTH OFFICE
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
SW1A 2AH
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
TLI London
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

DELOITTE LPP

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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