Award

Safety Valve Funding Contract for Chair Con_13359

DEPARTMENT FOR EDUCATION

This public procurement record has 1 release in its history.

Award

08 Apr 2022 at 09:05

Summary of the contracting process

The procurement process involves the Department for Education, which has initiated a contract titled "Safety Valve Funding Contract for Chair Con_13359." This contract falls under the industry category of financial and insurance services, aimed at providing financial advice to Local Authorities as part of a safety valve programme. The procurement stage has reached the award phase, with the contract awarded to Priora Consulting Ltd. The contract is valued at £50,000 and is set to commence on 1 April 2022, lasting until 31 March 2023. The tender period concluded on 23 March 2022.

This tender presents a valuable opportunity for small and medium-sized enterprises (SMEs) with expertise in financial consulting, particularly those experienced in public sector engagements and local authority funding matters. Businesses with a strong background in financial advisory services and a capability to support local authorities in reforming and managing deficits are well-suited to compete in this process. Engaging in this contract could enhance their visibility and foster long-term partnerships within the public sector.

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

Safety Valve Funding Contract for Chair Con_13359

Notice Description

This is a contract for a consultant to provide financial advice and support to Local Authorities as part of the dedicated schools grant 'safety valve' programme. This will provide Local Authorities with the highest dedicated schools grant deficits the support to put in place high needs reforms and saving targets to eliminate their historic deficits and ensure they perform sustainably in the future.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c50cf02c-64a7-4716-a9df-3773ff96aa63
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/dbf82ab2-59c1-43fe-9e22-ebd26f5ba92e
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£50,000 Under £100K
Lots Value
Not specified
Awards Value
£50,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
8 Apr 20223 years ago
Submission Deadline
23 Mar 2022Expired
Future Notice Date
Not specified
Award Date
24 Mar 20223 years ago
Contract Period
31 Mar 2022 - 31 Mar 2023 6-12 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
DEPARTMENT FOR EDUCATION
Contact Name
Not specified
Contact Email
emily.kitching@education.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
DARLINGTON
Postcode
DL1 5QE
Post Town
Darlington
Country
England

Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC3 Tees Valley
Small Region (ITL 3)
TLC33 Darlington
Delivery Location
Not specified

Local Authority
Darlington
Electoral Ward
Park East
Westminster Constituency
Darlington

Supplier Information

Number of Suppliers
1
Supplier Name

PRIORA CONSULTING

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-c50cf02c-64a7-4716-a9df-3773ff96aa63-2022-04-08T10:05:17+01:00",
    "date": "2022-04-08T10:05:17+01:00",
    "ocid": "ocds-b5fd17-c50cf02c-64a7-4716-a9df-3773ff96aa63",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "tender_297191/1059967",
        "title": "Safety Valve Funding Contract for Chair Con_13359",
        "description": "This is a contract for a consultant to provide financial advice and support to Local Authorities as part of the dedicated schools grant 'safety valve' programme. This will provide Local Authorities with the highest dedicated schools grant deficits the support to put in place high needs reforms and saving targets to eliminate their historic deficits and ensure they perform sustainably in the future.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66000000",
            "description": "Financial and insurance services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "countryName": "British Oversea Territories"
                    },
                    {
                        "countryName": "Channel Islands"
                    },
                    {
                        "countryName": "Europe"
                    },
                    {
                        "countryName": "Isle of Man"
                    },
                    {
                        "countryName": "Rest of the World"
                    },
                    {
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 50000,
            "currency": "GBP"
        },
        "procurementMethod": "direct",
        "procurementMethodDetails": "Single tender action (below threshold)",
        "tenderPeriod": {
            "endDate": "2022-03-23T15:00:00Z"
        },
        "contractPeriod": {
            "startDate": "2022-04-01T00:00:00+01:00",
            "endDate": "2023-03-31T23:59:59+01:00"
        },
        "suitability": {
            "sme": true,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-CFS-128863",
            "name": "Department for Education",
            "identifier": {
                "legalName": "Department for Education"
            },
            "address": {
                "streetAddress": "Bishopsgate House",
                "locality": "Darlington",
                "postalCode": "DL1 5QE",
                "countryName": "England"
            },
            "contactPoint": {
                "email": "emily.kitching@education.gov.uk"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-11169895",
            "name": "Priora Consulting Ltd",
            "identifier": {
                "legalName": "Priora Consulting Ltd",
                "scheme": "GB-COH",
                "id": "11169895"
            },
            "address": {
                "streetAddress": "Newland House, The Point, Weaver Road, Lincoln, LN6 3QN"
            },
            "details": {
                "scale": "sme",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-128863",
        "name": "Department for Education"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-c50cf02c-64a7-4716-a9df-3773ff96aa63-1",
            "status": "active",
            "date": "2022-03-24T00:00:00Z",
            "datePublished": "2022-04-08T10:05:17+01:00",
            "value": {
                "amount": 50000,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-11169895",
                    "name": "Priora Consulting Ltd"
                }
            ],
            "contractPeriod": {
                "startDate": "2022-04-01T00:00:00+01:00",
                "endDate": "2023-03-31T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/dbf82ab2-59c1-43fe-9e22-ebd26f5ba92e",
                    "datePublished": "2022-04-08T10:05:17+01:00",
                    "format": "text/html",
                    "language": "en"
                },
                {
                    "id": "2",
                    "description": "n/a",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/Attachment/c07ebb1e-d6b1-4eff-abba-29b371478db8",
                    "format": "application/pdf"
                }
            ]
        }
    ]
}