Award

Ask AI about this notice

Summarise, research or assess it with AI

View Markdown

Share this notice

Send this contract to a colleague

C1339 Benchmarking Concentration Risk

NATIONAL WEALTH FUND LIMITED

This public procurement record has 1 release in its history.

Award

14 Jul 2026 at 15:55

Award Notice
Summary of the contracting process

The public procurement process for the contract titled "C1339 Benchmarking Concentration Risk" was conducted by the buying organisation, National Wealth Fund Limited, located in Leeds, England. This procurement falls under the industry category of financial management consultancy services, as classified by CPV code 79412000. The contract, valued at £175,000, proceeded through a selective procurement method via a call-off from a framework agreement. The procurement reached the award stage, with the award being confirmed on 18th June 2026. The contract period started on 30th June 2026 and is set to end on 29th October 2026, covering services to be delivered in the United Kingdom.

This tender provides substantial opportunities for business growth, particularly for consultancy firms with expertise in financial management and risk assessment. Small and medium-sized enterprises (SMEs) are encouraged to engage, as the tender specifically mentions suitability for such businesses. Companies not categorised as voluntary, community and social enterprises (VCSE) are also well-suited to compete in this area. The framework agreement used signals a structured procurement process, potentially leading to further opportunities as part of the framework's future call-offs. Successful participation in this tender can bolster reputations and facilitate future growth within the public sector consultancy market. Oliver Wyman Limited, a large-scale company based in London, secured this contract, indicating the level of competition and quality expected.

How relevant is this notice?

Notice Information

Notice Title

C1339 Benchmarking Concentration Risk

Notice Description

Requirement for the benchmarking of concentration risk

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c77f743b-2e6f-4bc3-9cd4-745c525ffca2
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0171e701-4153-4403-8b3f-cce3002d498a
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
Large

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
£175,000 £100K-£500K
Lots Value
Not specified
Awards Value
£175,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
14 Jul 2026Yesterday
Submission Deadline
2 Jun 2026Expired
Future Notice Date
Not specified
Award Date
17 Jun 20264 weeks ago
Contract Period
29 Jun 2026 - 29 Oct 2026 1-6 months
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
NATIONAL WEALTH FUND LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LEEDS
Postcode
LS1 4HR
Post Town
Leeds
Country
England
Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE4 West Yorkshire
Small Region (ITL 3)
TLE42 Leeds
Delivery Location
Not specified
Local Authority
Leeds
Electoral Ward
Hunslet & Riverside
Westminster Constituency
Leeds South

Supplier Information

Number of Suppliers
1
Supplier Name

OLIVER WYMAN

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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-c77f743b-2e6f-4bc3-9cd4-745c525ffca2-2026-07-14T16:55:14+01:00",
    "date": "2026-07-14T16:55:14+01:00",
    "ocid": "ocds-b5fd17-c77f743b-2e6f-4bc3-9cd4-745c525ffca2",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "C1339",
        "title": "C1339 Benchmarking Concentration Risk",
        "description": "Requirement for the benchmarking of concentration risk",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "79412000",
            "description": "Financial management consultancy services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 175000,
            "currency": "GBP"
        },
        "procurementMethod": "selective",
        "procurementMethodDetails": "Call-off from a framework agreement",
        "tenderPeriod": {
            "endDate": "2026-06-02T12:00:00+01:00"
        },
        "contractPeriod": {
            "startDate": "2026-06-30T00:00:00+01:00",
            "endDate": "2026-10-29T23:59:59Z"
        },
        "suitability": {
            "sme": true,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-SRS-supplierregistration.cabinetoffice.gov.uk/bf3h7Y7s",
            "name": "NATIONAL WEALTH FUND LIMITED",
            "identifier": {
                "legalName": "NATIONAL WEALTH FUND LIMITED",
                "scheme": "GB-SRS",
                "id": "supplierregistration.cabinetoffice.gov.uk/bf3h7Y7s"
            },
            "address": {
                "streetAddress": "National Wealth Fund, 2 Whitehall Quay",
                "locality": "Leeds",
                "postalCode": "LS14HR",
                "countryName": "England"
            },
            "contactPoint": {
                "email": "Procurement@nationalwealthfund.org.uk"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-02995605",
            "name": "Oliver Wyman Limited",
            "identifier": {
                "legalName": "Oliver Wyman Limited",
                "scheme": "GB-COH",
                "id": "02995605"
            },
            "address": {
                "streetAddress": "1 Tower Place West, Tower Place, London, EC3R 5BU"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-SRS-supplierregistration.cabinetoffice.gov.uk/bf3h7Y7s",
        "name": "NATIONAL WEALTH FUND LIMITED"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-c77f743b-2e6f-4bc3-9cd4-745c525ffca2-1",
            "status": "active",
            "date": "2026-06-18T00:00:00+01:00",
            "datePublished": "2026-07-14T16:55:14+01:00",
            "value": {
                "amount": 175000,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-02995605",
                    "name": "Oliver Wyman Limited"
                }
            ],
            "contractPeriod": {
                "startDate": "2026-06-30T00:00:00+01:00",
                "endDate": "2026-10-29T23:59:59Z"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/0171e701-4153-4403-8b3f-cce3002d498a",
                    "datePublished": "2026-07-14T16:55:14+01:00",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}