This public procurement record has 1 release in its history.

Award

04 Jun 2026 at 15:54

Summary of the contracting process

The procurement process for the "UKRI-6020 UKRI Finance Costing Model" was conducted by UK Research and Innovation, headquartered at Polaris House, Swindon, UK. The process falls under the "services" category, specifically focusing on "Financial management consultancy services" in the United Kingdom's South West region. This was part of a selective procurement method, specifically a call-off from a framework agreement, which concluded with the award stage. The tender period ended on 11th May 2026, and the contract was awarded on 22nd May 2026 with a completion date set for 31st August 2027. The awarded contract is valued at £593,475 GBP, with MS Consulting being the successful supplier.

This tender represents a significant opportunity for businesses involved in financial management consultancy, particularly those capable of providing robust finance costing models. Companies looking to expand within the UK’s public sector, especially those with experience in servicing framework agreements, stand to benefit. Although this particular contract was not specifically geared towards SMEs or VCSEs, such entities might consider similar future opportunities within UK Research and Innovation or similar organisations. The contract's scope facilitates engagement for firms aiming to solidify their consultancy foothold in England's financial services sector.

How relevant is this notice?

Notice Title

UKRI-6020 UKRI Finance Costing Model

Notice Description

The provision of Finance Costing Model Services to UKRI

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c1a2419c-da96-4212-8957-aa3c4cd4e9e1
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c10b1604-d90d-49fa-9992-fb30e2091da9
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
Not specified

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
£593,475 £500K-£1M
Lots Value
Not specified
Awards Value
£593,475 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
4 Jun 20262 months ago
Submission Deadline
11 May 2026Expired
Future Notice Date
Not specified
Award Date
22 May 20263 months ago
Contract Period
22 May 2026 - 31 Aug 2027 1-2 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
UK Research and Innovation
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SWINDON
Postcode
SN2 1FL
Postcode Area
Swindon
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK7 Gloucestershire and Wiltshire
Small Region (ITL 3)
TLK71 Swindon
Delivery Location
TLK South West (England)

Local Authority
Swindon
Electoral Ward
Rodbourne Cheney
Westminster Constituency
Swindon North

Supplier Information

Number of Suppliers
1
Supplier Name

MS Consulting

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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