Award

UKSBS CS19171 Research England I3 Financial Assurance

UK SHARED BUSINESS SERVICES LIMITED

This public procurement record has 2 releases in its history.

AwardUpdate

28 May 2019 at 14:16

Award Notice
Award

28 May 2019 at 10:52

Award Notice
Summary of the contracting process

The procurement process titled "UKSBS CS19171 Research England I3 Financial Assurance," initiated by UK Shared Business Services Limited, involves providing financial assurance for applications related to an international investment initiative. This tender falls under the industry category of Financial market operational services and is located in the United Kingdom. The procurement method used is "Other - 3 quote," and the tender period ended on 7 April 2019, while the contract period started on 13 May 2019 and will conclude on 10 June 2019. The total value of the contract is £50,000, with a minimum value set at £39,990, signifying a significant opportunity for the awarded supplier, KPMG LLP.

This tender presents substantial opportunities for small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) particularly skilled in financial services and analysis. Businesses with expertise in cost analysis, valuations, and financial reporting would be well-positioned to compete in future similar tenders. Engaging in such contracts could enhance their visibility and credibility within the public sector, potentially leading to further partnerships and contracts in the growing field of public financial assurance services.

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Notice Information

Notice Title

UKSBS CS19171 Research England I3 Financial Assurance

Notice Description

Brief Description of Requirement Research England (RE) seeks external support to deliver financial assurance / analysis of costings, valuations, payment profiles and co-investment supplied in applications to the international investment initiative. RE does not currently have the in-house resource and expertise to support this work at the level required. Additional information: All submissions will be assessed in accordance with the Public Contracts Regulations 2015, for procurement values that exceed Regulation 5 (Threshold amounts)

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d44d8567-eec8-406c-b2e7-8fc41c483762
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/11b3eff6-3339-4e87-9a19-7c0f26f6fbf6
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other - 3 quote
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66151000 - Financial market operational services

Notice Value(s)

Tender Value
£50,000 Under £100K
Lots Value
Not specified
Awards Value
£39,990 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
28 May 20196 years ago
Submission Deadline
7 Apr 2019Expired
Future Notice Date
Not specified
Award Date
11 May 20196 years ago
Contract Period
12 May 2019 - 10 Jun 2019 30 days
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
UK SHARED BUSINESS SERVICES LIMITED
Contact Name
Professional Services
Contact Email
professionalservices@uksbs.co.uk
Contact Phone
01793 867005

Buyer Location

Locality
SWINDON
Postcode
SN2 1FL
Post Town
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
Not specified
Local Authority
Swindon
Electoral Ward
Rodbourne Cheney
Westminster Constituency
Swindon North

Supplier Information

Number of Suppliers
1
Supplier Name

KPMG

Further Information

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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