Award

Review study on Who Bears the Cost of Fraud

FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE

This public procurement record has 1 release in its history.

Award

18 Jul 2022 at 13:05

Summary of the contracting process

The Foreign Commonwealth and Development Office has completed a procurement process for a review study titled "Review study on Who Bears the Cost of Fraud," aimed at analysing the sources and impact of fraud losses. This contract falls under the category of "System quality assurance assessment and review services" with a value of £29,424.47. The contract period commenced on 14th July 2022 and is set to conclude on 14th October 2022, with an option to extend for an additional month. This procurement was initiated through a request for quotation, and it reached its tender submission deadline on 23rd February 2022.

This tender presents a significant opportunity for service-based businesses, particularly those engaged in quality assurance or financial consultancy, to support government analysis on fraud management. Small and medium-sized enterprises (SMEs) would be particularly well-suited to compete for such contracts, given the department's intent to engage with a diverse range of suppliers. The insights gained from this project could enhance the business offerings for those involved and open doors to future collaborations with government departments in similar sectors.

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Notice Title

Review study on Who Bears the Cost of Fraud

Notice Description

The purpose of this review is to support the FCDO in analysing who bears the cost of fraud including the source and impact of loss repayment. In addition, the review should provide assurance on how the department complies with the principles set out in Managing Public Money. Contract duration - 3 months with option to extend for another month.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c144d465-561d-4f80-bbae-b22b95b44679
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7fba122c-e234-4643-b1b4-7b36262534c7
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other - Request for a Quotation
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support


CPV Codes

72225000 - System quality assurance assessment and review services

Notice Value(s)

Tender Value
£29,424 Under £100K
Lots Value
Not specified
Awards Value
£29,424 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
18 Jul 20223 years ago
Submission Deadline
23 Feb 2022Expired
Future Notice Date
Not specified
Award Date
12 Jul 20223 years ago
Contract Period
13 Jul 2022 - 14 Oct 2022 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
FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE
Contact Name
Not specified
Contact Email
giedre.vilcinskaite@fcdo.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SW1A 2AN
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

BDO

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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