Award

Transformation Support

NORTH SOMERSET COUNCIL

This public procurement record has 1 release in its history.

Award

04 Nov 2024 at 14:25

Summary of the contracting process

North Somerset Council has completed a procurement process seeking transformation support to balance in-year budgets and their Medium Term Financial Plan amid a financial emergency. The contract for financial consultancy services, valued at £100,000 GBP, was awarded through a direct procurement method to NEWTRALITY Ltd. The project, classified under the Financial Consultancy Services CPV code 66171000, pertains to the South West region of the United Kingdom. Key dates for this procurement included the tender period ending on 1st October 2024, with the contract running from 8th October 2024 to 31st December 2024.

This tender presents valuable opportunities for large-scale businesses specializing in financial consultancy services aiming to further develop their public sector portfolio. Although this particular contract was awarded through a single tender action, businesses equipped with expertise in financial management and transformation support could find similar future opportunities highly beneficial for growth and strategic expansion. The procurement's focus on addressing financial emergencies makes it particularly appealing to firms with strengths in navigating significant budgetary challenges and delivering transformative financial strategies.

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Notice Title

Transformation Support

Notice Description

Consultant to support work to balance in year budgets and MTFP given the financial emergency.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-cbc3e6b1-1e06-40e3-9d5f-0619d28baf4c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d4a0ae3a-17ce-4aef-9f49-e89f722222e0
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

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

Notice Dates

Publication Date
4 Nov 20241 years ago
Submission Deadline
1 Oct 2024Expired
Future Notice Date
Not specified
Award Date
7 Oct 20241 years ago
Contract Period
7 Oct 2024 - 31 Dec 2024 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
NORTH SOMERSET COUNCIL
Contact Name
Procurement Contracts
Contact Email
procurement.contracts@n-somerset.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
WESTON-SUPER-MARE
Postcode
BS23 1UJ
Post Town
Bristol
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK6 North Somerset, Somerset and Dorset
Small Region (ITL 3)
TLK61 North Somerset
Delivery Location
TLK South West (England)

Local Authority
North Somerset
Electoral Ward
Weston-super-Mare Central
Westminster Constituency
Weston-super-Mare

Supplier Information

Number of Suppliers
1
Supplier Name

NEWTRALITY

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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