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Modern Equivalent Asset Review

NOTTINGHAM UNIVERSITY HOSPITALS NHS TRUST

This public procurement record has 1 release in its history.

Award

15 Jul 2026 at 11:49

Award Notice
Summary of the contracting process

The procurement process for a "Modern Equivalent Asset Review" was conducted by Nottingham University Hospitals NHS Trust, focusing on corporate finance and venture capital services. The procurement was a call-off from a framework agreement under the ESPO Consultancy Services Framework 664_25. The tender process, classified under the CPV code 66122000, involves services to be delivered in the East Midlands region, specifically within the postal code NG5 1PB, United Kingdom. The selection method used was selective procurement, and the procurement process reached the award stage, with an active award dated 30 September 2025. The contract period spans from 8 September 2025 to 30 January 2026, with a contract value of £500,000.

This tender presents growth opportunities for small and medium-sized enterprises (SMEs), particularly those specialising in corporate finance services and capable of providing expertise that aligns with a modern equivalent asset approach. There is an emphasis on reducing operating expenses through smart financial analyses, making this an attractive opportunity for SMEs like Hunter Healthcare Resourcing Limited, the awarded supplier. Business entities with insights into strategic asset management can leverage their skills to compete for such contracts, especially given the established trust and framework agreements in place with NHS organisations such as the Nottingham University Hospitals NHS Trust.

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Notice Information

Notice Title

Modern Equivalent Asset Review

Notice Description

By using a Modern Equivalent Asset approach (MEA) approach, this approach typically results in a lower valuation of land and buildings, resulting in reduction in the dividend payable at 3.5%, as well as a decrease in operating expenses/ depreciation. Additional information: Direct award under the ESPO Consultancy Services Framework 664_25

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e83897a4-269d-458f-892f-df082289497c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1de1f0d0-616b-4024-a25d-70c99e479bf3
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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66122000 - Corporate finance and venture capital services

Notice Value(s)

Tender Value
£500,000 £500K-£1M
Lots Value
Not specified
Awards Value
£500,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
15 Jul 2026Today
Submission Deadline
7 Sep 2025Expired
Future Notice Date
Not specified
Award Date
29 Sep 20259 months ago
Contract Period
7 Sep 2025 - 30 Jan 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
NOTTINGHAM UNIVERSITY HOSPITALS NHS TRUST
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NOTTINGHAM
Postcode
NG5 1PB
Post Town
Nottingham
Country
England
Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF14 Nottingham
Delivery Location
TLF East Midlands (England)
Local Authority
Nottingham
Electoral Ward
Sherwood
Westminster Constituency
Nottingham East

Supplier Information

Number of Suppliers
1
Supplier Name

HUNTER HEALTHCARE RESOURCING

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. 

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