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Provision of Ongoing Support for the Covid Corporate Financing Facility (CCFF)

HM Treasury : HM Treasury

This public procurement record has 3 releases in its history.

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25 Aug 2021 at 12:20

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AwardUpdate

25 Aug 2021 at 11:32

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25 Aug 2021 at 09:40

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Summary of the contracting process

The procurement process for the "Provision of Ongoing Support for the Covid Corporate Financing Facility (CCFF)" was conducted by HM Treasury, located in Liverpool, England. This contract focuses on providing advisory services to support liquidity for larger firms amid the coronavirus crisis. The tender was completed, with the contract period starting on 1st June 2020 and ending on 31st July 2020. The procurement method utilised was selective, through a call-off from a framework agreement, with a total contract value of £612,900.

This tender offers substantial growth opportunities for businesses, particularly consulting firms and financial advisory services that specialise in liquidity management and corporate financing. Companies capable of delivering feasibility studies, advisory services, and financial analysis would be well-suited to compete for similar contracts, especially those with experience in navigating financial challenges presented by crises like the pandemic. Engaging in this contract can enhance business visibility and foster relationships with public sector entities.

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Notice Information

Notice Title

Provision of Ongoing Support for the Covid Corporate Financing Facility (CCFF)

Notice Description

The Covid Corporate Financing Facility (CCFF) is designed to support liquidity among larger firms, helping them to bridge coronavirus disruption to their cash flows through the purchase of short-term debt in the form of commercial paper.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e8d50917-61bb-408f-8554-a5378bd6c8bb
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/cd9df0b7-2366-4819-9bf3-81e10dbfaafe
Current Stage
Award
All Stages
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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

71 - Architectural, construction, engineering and inspection services

CPV Codes

71241000 - Feasibility study, advisory service, analysis

Notice Value(s)

Tender Value
£612,900 £500K-£1M
Lots Value
Not specified
Awards Value
£612,900 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
25 Aug 20215 years ago
Submission Deadline
31 May 2020Expired
Future Notice Date
Not specified
Award Date
1 Jun 20206 years ago
Contract Period
1 Jun 2020 - 31 Jul 2020 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
HM Treasury : HM Treasury
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LIVERPOOL
Postcode
L3 9PP
Postcode Area
Liverpool
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD72 Liverpool
Delivery Location
Not specified
Local Authority
Liverpool
Electoral Ward
City Centre North
Westminster Constituency
Liverpool Riverside

Supplier Information

Number of Suppliers
1
Supplier Name

McKinsey & Company Inc United Kingdom

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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