Award

VCAS Financial Model Assurance & Maintenance Services

HOME OFFICE

This public procurement record has 1 release in its history.

Award

10 Sep 2025 at 08:44

Award Notice
Summary of the contracting process

The procurement process was initiated by the Home Office for a project titled "VCAS Financial Model Assurance & Maintenance Services". This initiative falls under the industry category of project-supervision services other than for construction work, with the main procurement category being services. The process involved selective procurement, specifically a call-off from a framework agreement. The locations covered include the British Overseas Territories, Channel Islands, Europe, Isle of Man, the Rest of the World, and the United Kingdom. The tender stage is completed, with a contract specifically being awarded to Ernst & Young LLP on the 22nd of August 2025. The contract period is set from 22nd August 2025 to 21st August 2026, and the contract value is £250,000 GBP.

This procurement presents opportunities for large businesses involved in financial modelling and assurance services, as indicated by the awarding of the contract to a large firm, Ernst & Young LLP. Given the scope and geographical reach of the service area, businesses with a strong international presence and experience in the financial services sector would be well-suited to engage in similar contracts. While the contract was not marked as suitable for SMEs or VCSEs, it creates a precedent for high-capacity organisations to explore similar opportunities in collaboration with the Home Office or other government entities.

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Notice Information

Notice Title

VCAS Financial Model Assurance & Maintenance Services

Notice Description

The provision of financial modelling, testing and assurance services relating to the VCAS financial models on an 'as needed' basis.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d938fc57-02fd-4c9a-9288-387add7c898f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a7c12bbf-3a99-43d8-a0e8-51bb8a1f44d3
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79421100 - Project-supervision services other than for construction work

Notice Value(s)

Tender Value
£250,000 £100K-£500K
Lots Value
Not specified
Awards Value
£250,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
10 Sep 20255 months ago
Submission Deadline
19 Aug 2025Expired
Future Notice Date
Not specified
Award Date
21 Aug 20256 months ago
Contract Period
21 Aug 2025 - 21 Aug 2026 6-12 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
HOME OFFICE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW1P 4DF
Post Town
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

ERNST & YOUNG

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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