Award

Prosperity Fund Evalaution and Learning Contract

FOREIGN & COMMONWEALTH OFFICE

This public procurement record has 1 release in its history.

Award

26 Feb 2018 at 11:45

Summary of the contracting process

The procurement process involves the Foreign & Commonwealth Office seeking tenders for the "Prosperity Fund Evaluation and Learning Contract" aimed at fostering economic growth in developing countries. With a total contract value of £23,957,497, this open tender represents a significant investment in improving business climates and addressing challenges in middle-income countries. The tender was published on 26th February 2018, marking the formal initiation of the procurement stage, and the associated contract is set to commence on 4th September 2018 and conclude on 30th November 2018.

This contract provides substantial opportunities for businesses specialising in services related to law, marketing, consulting, recruitment, printing, and security. Companies that can demonstrate expertise in monitoring and evaluation frameworks, particularly small and medium enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs), would be well-suited to compete. Engaging in this tender could enhance the capacity of businesses to contribute to sustainable development while potentially reducing poverty in targeted regions.

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Notice Title

Prosperity Fund Evalaution and Learning Contract

Notice Description

In order to help promote economic growth in developing countries the government has created a new Prosperity Fund worth PS1.3 billion over the next five years. Its priorities will include improving the business climate, competitiveness and operation of markets, energy and financial sector reform, and increasing the ability of governments to tackle corruption. These reforms will drive sustainable development and will aim to contribute to a reduction in poverty in developing countries. They will also create opportunities for international business, including UK companies. Around two thirds of the world's poor live in middle income countries. These countries are able to finance their own development, but face considerable challenges such as rapid urbanisation, climate change and high and persistent inequality which can lower long-term growth prospects. The Prosperity Fund will support the broad-based and inclusive growth needed for poverty reduction and to make development sustainable. In order to satisfy the Treasury requirement to develop a robust monitoring and evaluation framework the Fund has tendered three central contracts to deliver these products and services. This mirrors a similar contract model developed by the International Climate Fund to deliver monitoring, evaluation and learning (MEL) services and products across its funding streams.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ef04e41c-2489-4d53-90a1-e445c929bfe5
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/25803d96-3a8d-4405-ba1f-7a2f5c885438
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79000000 - Business services: law, marketing, consulting, recruitment, printing and security

Notice Value(s)

Tender Value
£23,957,497 £10M-£100M
Lots Value
Not specified
Awards Value
£23,957,497 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
26 Feb 20187 years ago
Submission Deadline
28 Nov 2016Expired
Future Notice Date
Not specified
Award Date
11 May 20178 years ago
Contract Period
3 Sep 2018 - 30 Nov 2018 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
FOREIGN & COMMONWEALTH OFFICE
Contact Name
Not specified
Contact Email
paul.hanley@fco.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SW1A 2AH
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
3
Supplier Names

INTEGRITY RESEARCH AND CONSULTANCY

LTS INTERNATIONAL

WYG INTERNATIONAL

Further Information

Notice Documents

Notice URLs

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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