Award

Fund Management Services

WEST MIDLANDS COMBINED AUTHORITY

This public procurement record has 1 release in its history.

Award

23 Apr 2024 at 14:07

Summary of the contracting process

The West Midlands Combined Authority (WMCA) has completed a tender process for Fund Management Services. The procurement method was selective, involving a call-off from a framework agreement. The contract period is set to run from April 1, 2024, to December 31, 2026. The total contract value is £760,750. The tender period ended on March 1, 2024. The procurement is in the services category and involves financial consultancy services. The supplier awarded the contract is Constellia Public Limited. The procurement was initiated by the WMCA, based in Birmingham, England.

This tender for Fund Management Services offers opportunities for businesses, particularly those in financial consultancy services, to engage with the West Midlands Combined Authority. The contract is suitable for SMEs. Businesses interested in providing fund management services and working with a public authority should consider engaging with WMCA. The deadline for submitting bids has passed, and Constellia Public Limited has been awarded the contract.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Fund Management Services

Notice Description

WMCA has engaged with Constellia for the provision of Fund Management Services to assist in the distribution of the Grant Funds.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c35554c5-ea62-4740-862d-3e52e3bbeba0
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c86d26bf-cc23-49cb-9c9b-2eea5844276a
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
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£760,750 £500K-£1M
Lots Value
Not specified
Awards Value
£760,750 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
23 Apr 20241 years ago
Submission Deadline
1 Mar 2024Expired
Future Notice Date
Not specified
Award Date
27 Mar 20241 years ago
Contract Period
31 Mar 2024 - 31 Dec 2026 2-3 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
WEST MIDLANDS COMBINED AUTHORITY
Contact Name
victoria taylor
Contact Email
victoria.taylor@wmca.org.uk
Contact Phone
Not specified

Buyer Location

Locality
BIRMINGHAM
Postcode
B19 3SD
Post Town
Birmingham
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG31 Birmingham
Delivery Location
Not specified

Local Authority
Birmingham
Electoral Ward
Newtown
Westminster Constituency
Birmingham Ladywood

Supplier Information

Number of Suppliers
1
Supplier Name

CONSTELLIA PUBLIC

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-c35554c5-ea62-4740-862d-3e52e3bbeba0-2024-04-23T15:07:41+01:00",
    "date": "2024-04-23T15:07:41+01:00",
    "ocid": "ocds-b5fd17-c35554c5-ea62-4740-862d-3e52e3bbeba0",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "Fund Management Service 2024",
        "title": "Fund Management Services",
        "description": "WMCA has engaged with Constellia for the provision of Fund Management Services to assist in the distribution of the Grant Funds.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66171000",
            "description": "Financial consultancy services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "postalCode": "b193SD"
                    }
                ]
            }
        ],
        "value": {
            "amount": 760750,
            "currency": "GBP"
        },
        "procurementMethod": "selective",
        "procurementMethodDetails": "Call-off from a framework agreement",
        "tenderPeriod": {
            "endDate": "2024-03-01T17:00:00Z"
        },
        "contractPeriod": {
            "startDate": "2024-04-01T00:00:00+01:00",
            "endDate": "2026-12-31T23:59:59Z"
        },
        "suitability": {
            "sme": true,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-SRS-supplierregistration.cabinetoffice.gov.uk/ysmd84Me",
            "name": "West Midlands Combined Authority",
            "identifier": {
                "legalName": "West Midlands Combined Authority",
                "scheme": "GB-SRS",
                "id": "supplierregistration.cabinetoffice.gov.uk/ysmd84Me"
            },
            "address": {
                "streetAddress": "Po Box 9421",
                "locality": "BIRMINGHAM",
                "postalCode": "B193SD",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "victoria taylor",
                "email": "victoria.taylor@wmca.org.uk"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-08664789",
            "name": "Constellia Public Limited",
            "identifier": {
                "legalName": "Constellia Public Limited",
                "scheme": "GB-COH",
                "id": "08664789"
            },
            "address": {
                "streetAddress": "43 Berkeley Square London W1J 5FJ"
            },
            "details": {
                "scale": "sme",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-SRS-supplierregistration.cabinetoffice.gov.uk/ysmd84Me",
        "name": "West Midlands Combined Authority"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-c35554c5-ea62-4740-862d-3e52e3bbeba0-1",
            "status": "active",
            "date": "2024-03-27T00:00:00Z",
            "datePublished": "2024-04-23T15:07:41+01:00",
            "value": {
                "amount": 760750,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-08664789",
                    "name": "Constellia Public Limited"
                }
            ],
            "contractPeriod": {
                "startDate": "2024-04-01T00:00:00+01:00",
                "endDate": "2026-12-31T23:59:59Z"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/c86d26bf-cc23-49cb-9c9b-2eea5844276a",
                    "datePublished": "2024-04-23T15:07:41+01:00",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}